Terms Used In Indiana Code > Title 14 > Article 39 - Carbon Dioxide

• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• carbon dioxide: means a fluid consisting of more than ninety percent (90%) carbon dioxide molecules. See Indiana Code 14-39-1-1
• carbon dioxide transmission pipeline: means the part of a pipeline in Indiana, including appurtenant facilities, property rights, and easements, that is used exclusively for the purpose of transporting carbon dioxide to a carbon management application, including sequestration, enhanced oil recovery, and deep saline injection, within or outside Indiana. See Indiana Code 14-39-1-2
• carbon sequestration pilot project: refers to the pilot project described in section 3. See Indiana Code 14-39-1-2.4
• Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• person: includes a political body, a corporate body, and the state of Indiana. See Indiana Code 14-39-1-2.6
• pore space: means subsurface cavities or voids that can be used as a storage space for carbon dioxide. See Indiana Code 14-39-1-2.7
• state agency: means an authority, a board, a branch, a commission, a committee, a department, a division, or another instrumentality of the executive, including the administrative, department of state government. See Indiana Code 4-1-10-2
• underground storage of carbon dioxide: means the injection of carbon dioxide into, and storage of carbon dioxide in, underground strata and formations at the site of the carbon sequestration pilot project, as described in section 3. See Indiana Code 14-39-1-2.5
• Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5