Bills

SB 633: RELATING TO TAXATION.

  • Session Year: 2025-2026
  • House: Senate
  • Latest Version Date: 2025-01-16

Current Status:

In Progress

(2025-12-08: Carried over to 2026 Regular Session.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Amends the environmental response, energy, and food security tax to address carbon emissions.  Incrementally increases the tax rate over time.  Establishes a refundable tax credit to mitigate the effect of a carbon emissions tax on lower-income taxpayers.  Establishes and appropriates moneys into the carbon emissions tax and dividend special fund.  Reenacts the agricultural development and food security special fund.  Requires reports to the Legislature.

News Coverage:

SB 633: RELATING TO TAXATION. | Digital Democracy