Signed by Governor Bob Ferguson

Vote Smart's Synopsis:

Vote to concur with Senate amendments and pass a bill that amends the Climate Commitment Act by adjusting auction price containment mechanisms and ceiling prices in Washington.

Highlights:

• Amends the Climate Commitment Act by adjusting auction price containment mechanisms and ceiling prices in Washington, including (Sec. 1-5):

• A lower ceiling on maximum allowance prices; and 

• Making more of the allowances available sooner.

• Specifies that if funding appropriations are not allocated by June 30, 2025, in the Omnibus Appropriations Act then the provisions of this bill shall be null and void (Sec. 6).

Full Bill Text

Vote Smart's Synopsis:

Vote to amend and pass a bill that amends the Climate Commitment Act by adjusting auction price containment mechanisms and ceiling prices in Washington.

Highlights:

• Amends the Climate Commitment Act by adjusting auction price containment mechanisms and ceiling prices in Washington, including (Sec. 1-5):

• A lower ceiling on maximum allowance prices; and 

• Making more of the allowances available sooner.

• Specifies that if funding appropriations are not allocated by June 30, 2025, in the Omnibus Appropriations Act then the provisions of this bill shall be null and void (Sec. 6).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that amends the Climate Commitment Act by adjusting auction price containment mechanisms and ceiling prices in Washington.

Highlights:

• Amends the Climate Commitment Act by adjusting auction price containment mechanisms and ceiling prices in Washington, including (Sec. 1-5):

• A lower ceiling on maximum allowance prices; and 

• Making more of the allowances available sooner.

• Specifies that if funding appropriations are not allocated by June 30, 2025, in the Omnibus Appropriations Act then the provisions of this bill shall be null and void (Sec. 6).

Full Bill Text