A bill sponsored by North Dakota State Senator Jeffrey Magrum that would have required carbon dioxide pipeline developer Summit Carbon Solutions to pay property taxes in the first 10 years of operation in the state was rejected by the Senate. The bill aimed to remove a tax exemption for interstate carbon dioxide pipelines, such as the Summit project, in accordance with North Dakota law. Summit Carbon Solutions plans to build a 2,500-mile pipeline network across five states, with a portion of about 333 miles running through North Dakota. The project, costing $9 billion in total, would allocate around $800 million for the North Dakota section of the pipeline designed to collect carbon emissions from ethanol plants for permanent underground storage. Despite the failure of the bill, the debate around property taxes for such projects is ongoing in the state.
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