assembly Bill A8597

2021-2022 Legislative Session

Enacts the carbon dioxide removal leadership act; repealer

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Sponsored By

Archive: Last Bill Status - In Assembly Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 10, 2022 referred to environmental conservation

Co-Sponsors

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A8597 (ACTIVE) - Details

See Senate Version of this Bill:
S8171
Current Committee:
Assembly Environmental Conservation
Law Section:
Environmental Conservation Law
Laws Affected:
Add Art 76 §§76-0101 - 76-0117, En Con L; rpld §301-e sub (f), §1115 sub (a) ¶9, Tax L

A8597 (ACTIVE) - Summary

Enacts the carbon dioxide removal leadership act which directs New York state to procure carbon dioxide removal services in order to achieve statewide net zero greenhouse gas emissions pursuant to legally enforceable limits; defines terms.

A8597 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8597
 
                           I N  A S S E M B L Y
 
                             January 10, 2022
                                ___________
 
 Introduced  by  M. of A. FAHY -- read once and referred to the Committee
   on Environmental Conservation
 
 AN ACT to amend the  environmental  conservation  law,  in  relation  to
   enacting  the  carbon  dioxide  removal  leadership act; and to repeal
   certain provisions of the tax law relating to taxes on carbon  dioxide
   emissions

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. This act shall be known and may be  cited  as  the  "Carbon
 Dioxide  Removal  Leadership  Act".  This  act directs New York state to
 procure carbon dioxide removal services in order  to  achieve  statewide
 net zero greenhouse gas emissions pursuant to legally enforceable limits
 set  forth  in paragraph b of subdivision four of section 75-0109 of the
 environmental conservation law. The use  of  such  mechanism  creates  a
 target  for  carbon dioxide removal by the year two thousand fifty equal
 to fifteen percent of statewide greenhouse gas emissions estimated as  a
 percentage  of  emissions in the year nineteen hundred ninety, and shall
 be implemented in lieu of  any  alternative  compliance  mechanism  that
 would  permit  greenhouse gas emissions offset projects. The procurement
 of carbon dioxide removal services shall  not  result  in  disadvantaged
 communities  having  to  bear a disproportionate burden of environmental
 impacts, and shall incorporate preferential consideration  for  projects
 that result in quantifiable economic and social benefits for such commu-
 nities.
   §  2.  The  environmental  conservation law is amended by adding a new
 article 76 to read as follows:
 
                                ARTICLE 76
                          CARBON DIOXIDE REMOVAL
 
 SECTION 76-0101. DEFINITIONS.
         76-0103. NEW YORK STATE CARBON DIOXIDE REMOVAL REVERSE AUCTION.
         76-0105. CARBON  DIOXIDE  REMOVAL  MEASUREMENT,  REPORTING   AND
                    VERIFICATION.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.