Bill Text: MI HB5422 | 2021-2022 | 101st Legislature | Introduced
Bill Title: Environmental protection: air pollution; sale of carbon credits; prohibit. Amends 1994 PA 451 (MCL 324.101 - 324.90106) by adding sec. 5503b.
Spectrum: Partisan Bill (Republican 17-0)
Status: (Introduced - Dead) 2021-10-20 - Bill Electronically Reproduced 10/19/2021 [HB5422 Detail]
Download: Michigan-2021-HB5422-Introduced.html
HOUSE BILL NO. 5422
A bill to amend 1994 PA 451, entitled
"Natural resources and environmental protection act,"
(MCL 324.101 to 324.90106) by adding section 5503b.
the people of the state of michigan enact:
Sec. 5503b. (1) A state department or agency shall not enter a contract to sell a carbon offset credit.
(2) As used in this section, "carbon offset credit" means a transferrable instrument that is certified by an independent third-party certification body to represent the sequestration or reduction in emissions of a specified amount of carbon dioxide or an equivalent amount of another greenhouse gas.