Bill Text: MI HB5422 | 2021-2022 | 101st Legislature | Introduced

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Bill Title: Environmental protection: air pollution; sale of carbon credits; prohibit. Amends 1994 PA 451 (MCL 324.101 - 324.90106) by adding sec. 5503b.

Spectrum: Partisan Bill (Republican 17-0)

Status: (Introduced - Dead) 2021-10-20 - Bill Electronically Reproduced 10/19/2021 [HB5422 Detail]

Download: Michigan-2021-HB5422-Introduced.html

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HOUSE BILL NO. 5422

A bill to amend 1994 PA 451, entitled

"Natural resources and environmental protection act,"

(MCL 324.101 to 324.90106) by adding section 5503b.

the people of the state of michigan enact:

Sec. 5503b. (1) A state department or agency shall not enter a contract to sell a carbon offset credit.

(2) As used in this section, "carbon offset credit" means a transferrable instrument that is certified by an independent third-party certification body to represent the sequestration or reduction in emissions of a specified amount of carbon dioxide or an equivalent amount of another greenhouse gas.