AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- 2021 ACT ON CLIMATE

HB 5779, titled the "2021 Act on Climate," proposes to increase a fee imposed on petroleum products received at marine terminals in the state. The bill would raise the uniform oil spill response and prevention fee from five cents to ten cents for each barrel of petroleum products. These collected funds, along with existing money from the Oil Spill Prevention, Administration, and Response Fund and the Underground Storage Tank Financial Responsibility Act, would be directed towards climate change initiatives. Specifically, the funds would support the Executive Climate Change Coordinating Council's efforts to reduce climate emissions and meet the goals of the 2021 Act on Climate.