Greenhouse gas pollution cost-recovery program created, account established, reports required, and money appropriated.

This bill creates a new Greenhouse Gas Pollution Superfund in Minnesota to address climate change impacts. It establishes a program that requires fossil fuel companies responsible for over one billion metric tons of emissions between 1995 and 2026 to pay into a dedicated account. The collected funds will be used to finance climate change adaptation projects for state, local, and Tribal governments, as well as for disadvantaged communities. The bill defines specific terms like "responsible party" and "covered greenhouse gas emissions" to determine which companies must contribute and what types of projects can receive funding.