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2015 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to carbon-based fuel; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
Catchline/Summary: 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.
Chapter Number:
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
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events