Authorizes the State Treasurer to issue general obligation bonds under Article XI-E of the Oregon Constitution in an amount that produces $500 million in net proceeds for a Strategic Carbon Sequestration and Forestry Sustainability Program. Digest: The Act tells an agency to create a program for sequestering carbon. The Act allows the State Treasurer to issue certain bonds for the program. (Flesch Readability Score: 65.5).
Authorizes the State Treasurer to issue general obligation bonds under Article XI-E of the Oregon Constitution in an amount that produces $500 million in net proceeds for a Strategic Carbon Sequestration and Forestry Sustainability Program.
Directs the State Forestry Department to establish a Strategic Carbon Sequestration and Forestry Sustainability Program.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
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HB 2878 House Committee On Climate, Energy, and Environment
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