Bill > SB414

This bill: Requires the State to reduce statewide greenhouse gas emissions by 60% from 2006 levels by 2030 and achieve net-zero statewide greenhouse gas emissions by 2045. Requires the Maryland Department of Labor to adopt regulations establishing certain energy conservation requirements for certain buildings by July 1, 2022. Establishes a goal of planting and helping to maintain in the State 5,000,000 sustainable trees of species native to the State by the end of 2030. Provides funding from the Bay Restoration Fund for urban tree planting programs, the Conservation Reserve Enhancement Program, and the Chesapeake and Atlantic Coastal Bays 2010 Trust Fund for tree planting on public and private land. Establishes a Commission for the Innovation and Advancement of Carbon Markets and Sustainable Tree Plantings to develop plans and recommendations related to the state's tree-planting goals. Appropriates funding from the Strategic Energy Investment Fund to the Net-Zero School Loan Fund to assist local school systems with the cost of constructing net-zero energy school buildings.