Legislative Session number- 85

Bill Name: SF2818

6E "Green Solutions Act of 2008; requiring the commissioners of commerce and the
pollution control agency (PCA) to submit a report to the legislature on the
status of the development of a model rule establishing a regional cap and trade
program under the Midwestern Greenhouse Gas Accord; establishing the legislative
greenhouse gas accord advisory group to serve in an advisory capacity to the
Midwestern Greenhouse Gas Accord stakeholder group; specifying certain economic
impact study reporting requirements; requiring the commissioners of commerce and
the pollution control agency (PCA) to submit a revenue study to the legislature
on potential revenues to the state from a cap and trade program and how revenues
could be spent to mitigate economic disparities resulting from implementation of
a cap and trade program specifying expenditures to be studied and study
criteria; authorizing the commissioner of commerce to request the board of
regents of the university of Minnesota to prepare a governance study on options
for determining expenditures of potential revenue to the state resulting from a
cap and trade program; adjusting a prior appropriation to the commissioner of
commerce for the economic impact, revenue, and governance studies and for
funding contributions to the Midwestern Governors Association for completion of
the studies
(je)