Air pollution: carbon tax and dividend.

The California Global Warming Solutions Act of 2006 designates the State Air Resources Board as the state agency charged with monitoring and regulating sources of emissions of greenhouse gases. Existing law requires the state board to adopt greenhouse gas emissions limits and emissions reduction measures by regulation to achieve the maximum technologically feasible and cost-effective reductions in greenhouse gas emissions in furtherance of achieving a specified statewide greenhouse gas emissions limit. This bill would express the intent of the Legislature to enact future legislation that would create a carbon tax and dividend program that would impose charges on entities responsible for air pollution emissions and allocate the revenue from those charges to frontline communities that suffer from the air pollution caused by those emissions.