Bill > H3563

This bill establishes a carbon fee and cash-back program in the Commonwealth of Massachusetts, which would impose a fee on the carbon content of all fossil fuels sold in the state. The primary purpose of the fee is to collect funds that will be redistributed to all individuals who pay state taxes in the form of an annual cash-back payment. The bill requires the Department of Energy Resources to develop and implement regulations for this program upon its passage. By implementing this carbon fee, the legislation aims to create a financial mechanism that both discourages carbon-intensive fuel consumption and provides a direct monetary benefit to taxpayers, effectively putting a price on carbon emissions while offering a direct financial return to citizens.

Transportation and Infrastructure

https://malegislature.gov/Bills/194/H3563