summary
Introduced
02/16/2023
02/16/2023
In Committee
Crossed Over
Passed
Dead
03/18/2023
03/18/2023
Introduced Session
2023 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 AND DYED 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, the Clean Fuel Standard Act, establishes a clean fuel standard for transportation and dyed fuels in New Mexico. It 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 a minimum of 20% below 2018 levels by 2030 and 30% by 2040. The rules will also establish processes for providers to comply by obtaining and retiring credits, generate credits through various projects, and require annual registration fees to cover the Department of Environment's administration and enforcement of the act. The bill creates the Clean Fuel Standard Fund to support the department's implementation and enforcement of the rules.
Committee Categories
Justice
Sponsors (1)
Last Action
Sent to HJC - Referrals: HJC/HAFC (on 02/16/2023)
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=H&legtype=B&legno=478&year=23 |
| BillText | https://www.nmlegis.gov/Sessions/23%20Regular/bills/house/HB0478.pdf |
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