Amends the environmental response, energy, and food security tax to address carbon emissions. Incrementally increases the tax rate over time. Establishes a refundable tax credit to mitigate the effect of a carbon emissions tax on lower-income taxpayers. Establishes and appropriates moneys into the carbon emissions tax and dividend special fund. Reenacts the agricultural development and food security special fund. Requires reports to the Legislature.

Statutes affected:
SB633: 128D-2, 201-12.8, 243-3.5, 304A-2169.1
Latest: 128D-2, 201-12.8, 243-3.5, 304A-2169.1