MD HB1088

Imposes a $13 per short ton coal transportation fee on the first carrier to transport coal in Maryland, with an exemption for coal transported solely for farm use

Creates the Fossil Fuel Mitigation Fund as a special, nonlapsing fund to support activities that reduce greenhouse gas emissions from fossil fuels and their impacts in the state

Allocates fund revenue across specific categories: up to 23% for home energy efficiency/electrification, up to 23% for commercial building emissions reduction, up to 22% for electric vehicles and school buses, up to 20% for mass transit, up to 9% for administration, up to 2% for asthma treatment in coal dust-impacted communities, and up to 1% for public awareness campaigns

Requires at least 40% of program funding to be directed toward activities benefiting overburdened and underserved communities as defined by environmental health and demographic indicators

Authorizes the Maryland Clean Energy Center to use up to 50% of fund distributions to issue low-interest bonds for clean energy and transportation programs; effective July 1, 2025