Bills

SB 2332: DEPARTMENT OF TAXATION; ENVIRONMENTAL RESPONSE, ENERGY, CARBON EMISSIONS, AND FOOD SECURITY TAX; CARBON EMISSIONS; TAX CREDIT; AGRICULTURAL DEVELOPMENT AND FOOD SECURITY SPECIAL FUND; CARBON EMISSIONS TAX AND DIVIDEND SPECIAL FUND; REPORTS; APPROPRIATION

  • Session Year: 2025-2026
  • House: Senate
  • Latest Version Date: 2026-01-15

Current Status:

In Progress

(2026-02-11: The recommendation was not adopted.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

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.  Requires reports to the Legislature.  Appropriates funds.

Discussed in Hearing

Senate Standing Committee on Agriculture and Environment2MIN
Feb 11, 2026

Senate Standing Committee on Agriculture and Environment

Senate Standing Committee on Water, Land, Culture and the Arts2MIN
Feb 11, 2026

Senate Standing Committee on Water, Land, Culture and the Arts

Senate Standing Committee on Agriculture and Environment24MIN
Feb 4, 2026

Senate Standing Committee on Agriculture and Environment

View Older Hearings

News Coverage:

SB 2332: Department of Taxation; Environmental Response, Energy, Carbon Emissions, and Food Security Tax; Carbon Emissions; Tax Credit; Agricultural Development and Food Security Special Fund; Carbon Emissions Tax and Dividend Special Fund; Reports; Appropriation | Digital Democracy