HOUSE BILL 293

54th legislature - STATE OF NEW MEXICO - second session, 2020

INTRODUCED BY

Matthew McQueen

 

 

 

 

 

AN ACT

MAKING AN APPROPRIATION TO THE DEPARTMENT OF ENVIRONMENT TO FINALIZE ITS EVALUATION OF EMISSIONS TRENDS AND PROPOSED POLICIES TO REDUCE CARBON DIOXIDE AND OTHER GREENHOUSE GAS EMISSIONS.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. APPROPRIATION.--

          A. One hundred fifty thousand dollars ($150,000) is appropriated from the general fund to the department of environment for expenditure in fiscal year 2021 for the department to finalize its evaluation of emissions trends and proposed policies to reduce carbon dioxide and other greenhouse gas emissions, including the examination of market-based approaches. Any unexpended or unencumbered balance remaining at the end of fiscal year 2021 shall revert to the general fund.

          B. By November 1, 2020, the department of environment shall report to the interim legislative committee that deals with water and natural resources issues on the progress and findings of its evaluation.

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