MI SB0775

Establishes regulatory framework for geologic storage of carbon dioxide in Michigan through permits issued by the Department of Environmental Quality, requiring applicants to demonstrate reservoir suitability, prevent contamination of other resources, and obtain majority landowner consent.

Creates two funds: a carbon dioxide storage facility trust fund (supported by $1.00 per ton injection fee) for long-term monitoring and remediation, and an administrative fund (supported by $0.15 per ton annual charge) for department oversight during operation.

Transfers ownership of storage facilities and stored carbon dioxide to the state 10 years after completion of injection operations, with the state assuming all liability and responsibility for long-term monitoring and maintenance.

Provides exemption from liability for storage operators of state or federally-funded clean energy projects exceeding $80,000,000, with immunity extending to generators and landowners once carbon dioxide is injected into the reservoir.

Preempts conflicting local ordinances and zoning requirements, grants the department continuing jurisdiction over storage facilities, and allows the state to indemnify operators for liability except for intentional misconduct, non-compliance with law, or pre-injection activities.