2015 Regular Session
|At the request of:|
|Bill Title:||Relating to carbon-based fuel; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.|
Imposes tax on each fuel supplier and utility based on amount of carbon in carbon-based fuel that is sold by fuel supplier to consumers in this state or that is used to produce carbon-generated electricity supplied by utility to consumers in this state.
Deposits moneys from tax revenues into suspense account for distribution to programs related to utility and housing assistance for low-income households, supporting carbon mitigation efforts and funding public roadway improvements. Applies to carbon-based fuel sold to consumers or used to produce carbon-generated electricity on or after effective date of Act. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Energy and Environment|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|