Effective date 7/1/2027.
Summary
The law creates a Climate Commitment Act operating account and several related funds that will receive auction proceeds and other revenues starting July 1 2027. Money must be used for things like job creation in disadvantaged areas, energy‑affordability programs, support for fossil‑fuel workers, clean‑water and forest projects, and tribal climate‑adaptation efforts, and it cannot harm tribal treaty rights or critical habitats. The bill adds reporting, labor‑standard, and penalty rules and gives the Environmental Justice Council and state agencies new oversight duties.
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