SB 739

Moratorium on Carbon Offset Agreements

This bill would create a moratorium of 60 days from passage on any agreements designed to prevent timbering for the purpose of biologically sequestering carbon. This ostensibly would allow the legislature to address the issue carefully.

ISSUES: Climate, Land & Wildlife

CWV Position: Opposes

Status: Originated in Senate Rules Committee 2/25/23; passed Senate unanimously 3/1/23; sent to House 3/1/23; referred to Energy & Manufacturing Committee 3/2/23; committee amendment 3/9/23; passed House 3/10/23; Senate amends House amendment 3/11/23 and requests House to concur