California Air Resources Board

Would have created the Climate Cashback Program to be administered by the Franchise Tax Board for the purpose of mitigating the costs of transitioning to a low-carbon economy. The bill would have required the Franchise Tax Board to develop and implement the program by December 31, 2024, to deliver quarterly per capita cashback payments to all California residents and set other requirements for the operation of the program. Was not heard in the Assembly Natural Resources Committee.

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