HOUSE BILL NO. 5422

October 19, 2021, Introduced by Reps. Damoose, Borton, Rendon, Beson, Carra, Meerman, Markkanen, Allor, Roth, O'Malley, Maddock, LaFave, Outman, Steven Johnson, Hoitenga, Bezotte and Eisen and referred to the Committee on Natural Resources and Outdoor Recreation.

A bill to amend 1994 PA 451, entitled

"Natural resources and environmental protection act,"

(MCL 324.101 to 324.90106) by adding section 5503b.

the people of the state of michigan enact:

Sec. 5503b. (1) A state department or agency shall not enter a contract to sell a carbon offset credit.

(2) As used in this section, "carbon offset credit" means a transferrable instrument that is certified by an independent third-party certification body to represent the sequestration or reduction in emissions of a specified amount of carbon dioxide or an equivalent amount of another greenhouse gas.