Bill > HF3945

This bill, known as the "Greenhouse Gas Pollution Superfund Act," establishes a program to recover costs associated with greenhouse gas pollution from entities responsible for significant emissions between 1995 and 2026. It defines "responsible parties" as entities involved in extracting fossil fuels or refining crude oil that contributed over one billion metric tons of covered greenhouse gas emissions, with specific calculations for emissions from coal, crude oil, and fuel gases. These responsible parties will be liable for a share of the costs to the state and its residents resulting from these emissions, as determined by the state auditor. A dedicated "greenhouse gas pollution account" will be created to receive these cost-recovery payments, which will then be used to fund climate change adaptation projects that are recommended in public plans, with at least 40% of disbursements benefiting disadvantaged communities. The bill also requires the state auditor to assess the costs of climate change impacts and mandates reporting on the program's financial status and project outcomes. Finally, it appropriates funds for the implementation of these provisions by both the Pollution Control Agency and the state auditor.

Government Affairs

https://www.revisor.mn.gov/bills/94/2026/0/HF/3945/