Bill > SB6246

This bill modifies the Climate Commitment Act to refine how emissions-intensive, trade-exposed (EITE) facilities, which are industries that produce significant emissions and are at risk of moving to regions with less stringent environmental regulations, are treated. It clarifies that EITE facilities are identified by specific North American Industry Classification System (NAICS) codes as they existed on January 1, 2026, and expands the definition to include "facilities" rather than just "manufacturing businesses." The bill also establishes a framework for allocating free emissions allowances to these facilities, with allocations adjusted over time based on emissions reduction benchmarks, and allows for adjustments if facilities can demonstrate technical or economic infeasibility for further reductions. Furthermore, it mandates reporting by EITE facilities on their greenhouse gas emissions and feasible reduction measures, with these reports being confidential to protect proprietary information, and sets up a process for the legislature to consider future allowance schedules for these facilities beyond 2034, while also requiring a study on emissions and job leakage risks, though this specific study was vetoed due to lack of funding.