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DE HB273
Bill
Status
6/30/2017
Primary Sponsor
Daniel Short
Click for details
AI Summary
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Directs the first $8 million in annual auction proceeds from the Regional Greenhouse Gas Initiative (RGGI) to Delaware's General Fund.
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Remaining auction proceeds continue to fund the cap-and-trade program implementation, emissions monitoring, and RGGI-related expenses as previously authorized.
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Allows remaining funds to support climate change activities designed to reduce greenhouse gas emissions across Delaware's economy and public education on climate impacts.
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Allows remaining funds to cover administrative costs for the Sustainable Energy Utility not otherwise provided under Title 29, Section 8059.
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Expires on June 30, 2018 unless extended by subsequent legislative action.
Legislative Description
An Act To Amend Title 7 Of The Delaware Code Relating To Funds Of The Regional Greenhouse Gas Initiative.
Last Action
Introduced in House and Assigned to Appropriations Committee
6/30/2017