Carbon Credit Amendments

Summary

The bill sets up a Carbon Credit Litigation Fund to hold money from judgments, settlements or compromises involving carbon‑credit transactions. It also forces any Utah state agency that sells or exchanges a carbon credit to obtain a digital ID, report the transaction to the state auditor, and have the auditor summarize the revenue each year. The auditor must then send that summary to the Natural Resources, Agriculture, and Environmental Quality Appropriations Subcommittee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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