The bill establishes the Carbon Sequestration Task Force as an adjunct to the Department of Environmental Protection, aimed at developing a statewide carbon sequestration program. It defines key terms such as "blue carbon" and "carbon sequestration," and outlines legislative findings that emphasize the importance of maintaining coastal and freshwater ecosystems for the state's economy and environmental health. The task force will consist of various appointed members, including representatives from environmental organizations, agriculture, and state universities, and is required to meet quarterly starting September 1, 2025.

The task force is tasked with identifying suitable environments for carbon sequestration, developing methodologies for measuring carbon levels, and recommending benchmarks for increasing carbon sequestration. It must submit a report summarizing its activities and budget requests by October 1, 2026, and a comprehensive report with findings and recommendations by October 1, 2027. The task force is set to expire on April 30, 2028, and the bill appropriates $350,000 for the 2025-2026 fiscal year to support its activities. The act is set to take effect on July 1, 2025.