This bill addresses requirements related to the sale of a carbon credit.
This bill:
- defines and modifies terms;
- creates the Carbon Credit Litigation Fund and specifies the purpose of the fund;
- establishes reporting requirements for a state entity that sells or exchanges a carbon credit;
- requires the state auditor to report on the sale of carbon credits by state entities to the Natural Resources, Agriculture, and Environmental Quality Appropriations Subcommittee; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 59-1-306, 79-6-1301, 79-6-1302, 79-6-1303
Substitute #1: 59-1-306, 79-6-1301, 79-6-1302, 79-6-1303
Substitute #2: 51-7-2, 59-1-306, 79-6-1301, 79-6-1302, 79-6-1303
Substitute #3: 79-6-1301, 79-6-1302, 79-6-1303
Enrolled: 67-3-1, 79-6-1301, 79-6-1302, 79-6-1303
Substitute #4: 67-3-1, 79-6-1301, 79-6-1302, 79-6-1303