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The Iowa Senate is advancing Senate File 2069, a bill proposing a tax on carbon dioxide transported through pipelines. Introduced by Senate Majority Leader Mike Klimesh, the bill suggests a tax of $2.50 per metric ton for CO2 transported, with a reduced rate of $1 for CO2 used in enhanced oil recovery.

The tax revenue would go to Iowa's Taxpayer Relief Fund. The bill has faced opposition from landowners and environmental advocates, citing concerns over property rights and the bill's implications for eminent domain. The proposed tax is part of ongoing discussions surrounding carbon pipeline projects in Iowa.