Bill > HB915

Introduced Session

AN ACT concerning Climate Change Adaptation and Mitigation Payment Program and Climate Impact Health Coverage Program - Establishment FOR the purpose of establishing the Climate Change Adaptation and Mitigation Payment Program in the Department of the Environment to secure payments from certain businesses that extract fossil fuels or refine petroleum products in order to provide a source of revenue for certain climate change adaptive or mitigation infrastructure projects and efforts to address the health impacts of climate change on vulnerable populations; establishing the Climate Change Adaptation and Mitigation Fund as a special, nonlapsing fund; authorizing the Legislative Auditor to conduct certain audits of the Fund and of the appropriations and expenditures made for the purposes of the Climate Change Adaptation and Mitigation Payment Program; altering the purpose of the Maryland Health Benefit Exchange to include the provision of funding for the establishment and operation of the Climate Impact Health Coverage Program; requiring the Maryland Health Benefit Exchange to establish and implement the Climate Impact Health Coverage Program to facilitate the enrollment of certain individuals in qualified plans and, based on the availability of funds, provide State premium assistance and cost-sharing reductions to certain individuals enrolled in qualified plans; providing that the implementation of the Climate Impact Health Coverage Program is contingent on approval of a certain waiver application; and generally relating to the Climate Change Adaptation and Mitigation Payment Program and the Climate Impact Health Coverage Program. BY adding to Article - Environment Section 2-1701 through 2-1706 to be under the new subtitle “Subtitle 17. Climate Change Adaptation and Mitigation Payment Program” Annotated Code of Maryland (2013 Replacement Volume and 2022 Supplement) HOUSE BILL 915 BY repealing and reenacting, with amendments, Article - Insurance Section 31-107 Annotated Code of Maryland (2017 Replacement Volume and 2022 Supplement) BY adding to Article - Insurance Section 31-123 and 31-124 Annotated Code of Maryland (2017 Replacement Volume and 2022 Supplement) Preamble

AI Summary

Committee Categories

David Fraser-Hidalgo (D)*,  Kumar Barve (D),  Regina Boyce (D),  Lorig Charkoudian (D),  Bonnie Cullison (D),  Elizabeth Embry (D),  Linda Foley (D),  Mary Lehman (D),  Sara Love (D),  Joseline Peña-Melnyk (D),  Kirill Reznik (D),  Jared Solomon (D),  Vaughn Stewart (D), 

House Economic Matters Hearing (13:00:00 3/6/2023 ) (on 03/06/2023)

Official Document