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CO SB191
Bill
AI Summary
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Clarifies that pipeline companies transporting oil, gasoline, or other petroleum or hydrocarbon products are granted the right of eminent domain to acquire rights-of-way for pipeline construction and operation.
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Requires pipeline companies to comply with all applicable laws and regulations, including federal pipeline safety regulations and state constitutional and statutory requirements for just compensation.
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Amends Article 5 of Title 38 to define "pipeline company" as any company lawfully formed that is permitted to construct pipelines for gas, oil, or petroleum or hydrocarbon products.
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Allows property owners in condemnation actions to present evidence of property damage caused by pipeline projects, including lost property value due to public health and safety concerns related to pipelines.
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Requires companies exercising eminent domain under this article to provide just compensation as mandated by the Colorado Constitution and comply with notice requirements and other provisions of eminent domain law.
Legislative Description
Pipeline Rights-of-way
Last Action
House Committee on Transportation & Energy Postpone Indefinitely
4/25/2013