LA HB632

Establishes that Louisiana's public interest in oil, gas, and mineral development takes priority over carbon dioxide geologic storage, subordinating CO2 sequestration policy to mineral resource development

Requires consent from both surface owners and mineral servitude owners for a tract's acreage to count toward the three-fourths ownership threshold needed for CO2 storage unitization (except in Caldwell Parish)

Mandates separate fair market value compensation to mineral servitude owners when their rights are taken or damaged through unitization orders or eminent domain for CO2 storage projects

Expands the definition of "owner in interest" to include mineral servitude owners and parties with mineral exploration rights, entitling them to notice of Class V and Class VI injection well permit applications

Repeals the confidential business records exception for CO2 sequestration permit applications and removes references to short-term storage and withdrawal of sequestered carbon dioxide from state law