|H.F. No. 3195 - Conference Committee Report|
|Author:||Senator Ellen Anderson|
|Prepared by:||Darlene Sliwa, Senate Research (651/296-1890)|
|Date:||May 12, 2008|
Section 1 [Title] provides the statutory citation for the Green Solutions Act of 2008.
Section 2 [Midwestern Greenhouse Gas Accord], paragraph (a), requires the Commissioners of Commerce and the Pollution Control Agency to submit a report to the legislature by January 15, 2009. The report must include:
Paragraph (b) provides that the Legislative Greenhouse Gas Accord Advisory Group will be composed of six legislators, to be appointed as specified.
Paragraph (c) provides that any cap and trade agreements entered into are not effective in Minnesota until approved by a law enacted by the legislature.
Section 3 [Economic, Environmental, and Public Health Impact and Potential Revenue Studies], Subdivision 1 (Submission of Studies), requires the Commissioners of Commerce and the Pollution Control Agency to submit a report to the legislature by January 15, 2009 on the two studies described in this section.
Subdivision 2 (Economic, Environmental, and Public Health Impact Study) requires the Commissioner of Commerce to arrange with the Midwestern Governors Association for a study to be conducted by expert consultants that analyzes the economic, environmental, and public health costs and benefits of a program. Requires the study to specifically address the impact of a program on individual industrial sectors, the state economy, and consumers and how expenditures of auction revenues affect costs and benefits. The report must include:
Subdivision 3 (Potential Cap and Trade Revenue Study) requires the Commissioner of Commerce to arrange with the Midwestern Governors Association for a study to the conducted by expert consultants on the potential state revenues from a program and how they could be spent to mitigate economic disparities resulting from program implementation. The study must include:
Subdivision 4 (Expenditures to be Studied) requires the studies to consider the impacts of specified expenditures including:
Subdivision 5 (Study Criteria) requires the Economic, Environmental, and Public Health Impact Study to determine the extent to which the expenditures assist the state in its transition to a low greenhouse gas-emitting economy, increase economic gains, and reduce dislocating impacts. Requires the study to assess the extent to which expenditures meet specified goals.
Section 4 [Governance Study] requires the Commissioner of Commerce to request the Board of Regents of the University of Minnesota to prepare a study, to be submitted to the legislature by January 15, 2009, on governance options for determining expenditures of potential revenue to the state resulting from a program. Provides that the study must examine the role of the legislature, citizens, technical experts, and state agencies in decisions on allocating funds and innovative decision-making structures and processes that may be useful models.
Section 5 [Appropriation] dedicates up to $500,000 from a 2007 appropriation for the economic impact, potential revenue, and governance studies. Authorizes the Commissioner of Commerce to transfer up to $75,000 to the University of Minnesota for the study under section 4.
Check on the status of this bill
Back to Senate Counsel and Research Bill Summaries page
This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
Last review or update: 05/13/2008
If you see any errors on this page, please e-mail us at firstname.lastname@example.org.