SB 1163 Clarifies provisions in the air emissions banking and trading program
LR Number:4738S.02T Fiscal Note:4738-02
Committee:Commerce and Environment
Last Action:06/13/02 - Signed by Governor Journal page:
Title:SCS SB 1163
Effective Date:August 28, 2002
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Current Bill Summary

SCS/SB 1163 - This act revises the air emissions banking and trading program by clarifying use of air emission reduction credits. In order for air emission reduction credits to be tradeable between air emission sources, the air emission reduction credits would be based on air emission reductions that occur after August 28, 2001, or must be credits that exist in the current air emissions bank.