HOUSE BILL 737

Sponsored By:

Delegate Hubbard

Entitled:

Regional Greenhouse Gas Initiative - Carbon Allowances

Synopsis:

Requiring carbon dioxide emission allowances allocated to the State under the cap and trade mechanism of the Regional Greenhouse Gas Initiative to be sold in an auction open to the public; requiring the Department of the Environment to adopt regulations to establish a specified auction system; requiring the proceeds from the auction to be used for specified purposes; etc.

History by Legislative and Calendar Date

House Action

2/8

First Reading Economic Matters

2/14

Hearing 3/6 at 1:00 p.m.

3/13

Unfavorable Report by Economic Matters

Senate Action

No Action

Bill indexed under the following Subjects:

Administrative Agencies -see also- Electronic Government

Auctions

Energy Matters -see also- Fuel; Power Plants; Solar Energy

Environment, Department of

Environmental Matters -see also- Conserv; Nat Resrce; Pollut

Hazardous and Toxic Substances -see also- Asbestos; Radiatn.

Interstate Affairs

Pollution -see also- Sediment Control

Power Plants

Revenue and Taxes -see also- Dev Fees &Taxes; specific tax

Rules and Regulations

Utilities -see also- High Voltage Lines; Telephones; Water

Bill affects the following Statutes:

Environment

( 2-1002 , 2-1002.1 )

State Government

( 9-2009 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered