An Act amending Title 58 (Oil and Gas) of the Pennsylvania Consolidated Statutes, providing for geologic sequestration and establishing the Geologic Sequestration Special Revenue Account.

This Pennsylvania bill establishes a legal framework for geologic sequestration, which involves injecting carbon dioxide underground to prevent its release into the atmosphere. It directly affects landowners, oil and gas operators, and the state Department of Environmental Protection by clarifying that owners of surface land automatically own the underground pore space beneath it unless explicitly sold otherwise. The legislation requires the department to issue permits for any carbon dioxide storage activities, while also ensuring that existing oil and gas drilling rights are not automatically blocked by storage sites. Additionally, the bill creates a special revenue account to manage funds related to these new regulations and mandates public notice for any government land sales involving underground storage rights.