summary
Introduced
01/18/2022
01/18/2022
In Committee
02/16/2022
02/16/2022
Crossed Over
02/03/2022
02/03/2022
Passed
Dead
02/17/2022
02/17/2022
Introduced Session
2022 Regular Session
Bill Summary
AN ACT RELATING TO THE ENVIRONMENT; ENACTING THE CLEAN FUEL STANDARD ACT; PROVIDING FOR THE ESTABLISHMENT OF A CLEAN FUEL STANDARD FOR TRANSPORTATION FUELS; DIRECTING THE ENVIRONMENTAL IMPROVEMENT BOARD TO PROMULGATE RULES TO IMPLEMENT THE CLEAN FUEL STANDARD ACT; IMPLEMENTING THE ASSESSMENT OF AN ANNUAL REGISTRATION FEE; CREATING THE CLEAN FUEL STANDARD FUND; MAKING AN APPROPRIATION.
AI Summary
This bill enacts the Clean Fuel Standard Act, which establishes a clean fuel standard for transportation fuels in New Mexico. The bill directs the Environmental Improvement Board to promulgate rules to implement the act, including setting a schedule to reduce the average greenhouse gas emissions per unit of fuel energy by at least 20% below 2018 levels by 2030 and 30% by 2040. The rules will also establish a credit and deficit system, require registration and fees for providers and credit generators, and prioritize mechanisms for credit generation that benefit disproportionately impacted and environmental justice communities. The bill creates the Clean Fuel Standard Fund to support the administration and enforcement of the rules.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (1)
Last Action
Failed to Pass in House, Bill has Died (on 02/17/2022)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=14&year=22 |
| BillText | https://www.nmlegis.gov/Sessions/22%20Regular/bills/senate/SB0014.pdf |
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