Reestablishes the Agricultural Development and Food Security Special Fund. Establishes the Carbon Emissions Tax and Dividend Special Fund. Gradually increases the Environmental Response, Energy, Carbon Emissions, and Food Security tax rates and establishes a refundable carbon cashback tax credit to offset increases for most taxpayers.
More detail
Requires reports to the Legislature. Appropriates funds.
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More on this bill
Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Feb 11The committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in AEN were as follows: 2 Aye(s): Senator(s) Gabbard, Rhoads; Aye(s) with reservations: none ; 3 No(es): Senator(s) Richards, DeCoite, Awa; and 0 Excused: none.Latest
Vote recorded The committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Feb 11The recommendation was not adopted.
Feb 9The committee(s) on AEN will hold a public decision making on 02-11-26 4:00PM; Conference Room 224 & Videoconference.
Feb 8The committee on AEN has deleted the measure from decision making scheduled on 02-09-26 3:01PM; CR 224 & Videoconference.
Feb 4The committee(s) on AEN deferred the measure until 02-09-26 3:01PM; Conference Room 224 & Videoconference.Minor
Jan 30The committee(s) on AEN has scheduled a public hearing on 02-04-26 3:00PM; Conference Room 224 & Videoconference.