S 1347: Relates to establishing a carbon dioxide emissions price for electric generation from carbon-based fuel and creating a carbon dioxide emissions fund
Topics
✓ Budget & TaxesSupports Budget & TaxesBill allocates 60% of emissions fund revenue as tax credits for low-to-moderate income residents, directly providing tax relief per topic indicators.
✓ EnergySupports EnergyImposes carbon price on fossil fuel electricity, allocates 20% of fund to renewable energy transitions, directly advancing clean energy infrastructure and reducing fossil fuel dependence.
✓ EnvironmentSupports EnvironmentImposes carbon price on fossil fuel electricity, funds renewable energy transitions and low-income tax credits, directly reducing emissions per bill summary.