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MI HB6067

Bill

Status

Introduced

5/3/2022

Primary Sponsor

Scott VanSingel

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Origin

House of Representatives

101st Legislature

AI Summary

  • Adds authority for the Michigan Department of Natural Resources to sell carbon credits or ecological services from state forest and other state-owned lands under specified conditions.

  • Requires carbon credits or ecological services to be verified by a third party before sale.

  • Mandates that sale of carbon credits or ecological services cannot prevent or restrict continued land management according to the department's existing land management plans or strategies.

  • Directs proceeds from carbon credit and ecological service sales to be deposited into the forest development fund established in section 50507, unless otherwise provided by law.

  • Renumbers existing subsections (4) and (5) to (5) and (6) respectively to accommodate the new carbon credits provision.

Legislative Description

Environmental protection: air pollution; distribution of revenue for carbon credits; modify. Amends sec. 502 of 1994 PA 451 (MCL 324.502).

State agencies (existing): natural resources

Last Action

Bill Electronically Reproduced 05/03/2022

5/4/2022

Committee Referrals

Energy5/3/2022

Full Bill Text

No bill text available