HB 24-1419

House Bill 24-1419 requires the state treasurer to move $10 million from one fund, called the energy and carbon management cash fund, to another fund known as the stationary sources control fund by June 30, 2024. This transfer is intended to support efforts related to reducing emissions from stationary sources like factories or power plants. The bill has been signed into law and took effect on April 18, 2024, meaning the transfer will happen as scheduled unless changed by future legislation.

Official Summary

The act requires the state treasurer to transfer $10 million from the energy and carbon management cash fund to the stationary sources control fund on June 30, 2024. APPROVED by Governor April 18, 2024 EFFECTIVE April 18, 2024(Note: This summary applies to this bill as enacted.)

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