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 taxpayers. Reenacts the agricultural development and food security special fund. Requires reports to the Legislature.

Statutes affected:
HB1375: 128D-2, 201-12.8, 243-3.5, 304A-2169.1
Latest: 128D-2, 201-12.8, 243-3.5, 304A-2169.1