BATON ROUGE, LA – Today, Governor Jeff Landry signed into law legislation that will tackle legacy challenges, improve energy affordability, and encourage more oil production.
Watch the full press conference HERE.
What Governor Landry Signed:
SB 244: Sen. Bob Hensgens
Reorganizes the Department of Energy Natural Resources to make the agency balanced, transparent, and solutions-oriented – including addressing decades of legacy litigation
Strengthens the rights of Louisiana landowners by limiting expropriation for carbon capture pipelines to companies that operate as common carriers or in situations where it is required solely due to absentee landowners who cannot be located—mirroring the regulatory conditions for petroleum pipelines, ensuring uniformity across Louisiana’s pipeline infrastructure regulations.
Prevents regulatory overreach at liquid terminals by clarifying the statute regarding pipeline rates and operations at storage or distribution terminals, limiting state oversight scope to ensure predictability and preventing unnecessary litigation.
Prioritizes water resource management at the state level by transferring oversight of the Capital Area Groundwater Conservation District to the Department of Conservation and Energy, and directing the department to develop a comprehensive water resources management plan to ensure the availability of ground and surface water resources to the public in the face of economic development activities throughout the state.
Establishes the Natural Resources Commission to promote collaboration among the states resource managers to ensure the protection and availability of the state’s resources for future generations.
HB 692 Rep. Jacob Landry
Fortifies Louisiana’s energy future by ordering regulators to prioritize affordable, dependable, in-state dispatchable sources—chiefly natural gas and nuclear—to support grid resilience and shield producers from the cost volatility tied to renewable mandates
HB 600 Rep. Brett Geymann
Reduces the severance tax rate on oil produced from newly completed wells after July 1, 2025, and establishes special tax rates for oil produced from limited-production wells, with various certifications and conditions for different well types. This was a nearly century-old rate of severance tax on oil produced from newly completed wells
Royalty Executive Order
Orders the Mineral Board to establish a plan that reduces royalties – helping unleash Louisiana’s coastal energy production
