UtahH.B. 1852026 General SessionHouseWALLET

Carbon Credit Amendments

Sponsored By: Troy Shelley (Republican)

Signed by Governor

EnergyAir QualityEmissions ControlEnvironmentNatural ResourcesAttorney GeneralState Auditor

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

New Carbon Credit Litigation Fund and uses

Beginning May 6, 2026, the law creates the Carbon Credit Litigation Fund. The Attorney General deposits money from related judgments or settlements into the fund after being repaid for case costs. The State Treasurer invests the fund and all earnings stay in the fund. The Attorney General must approve spending, and the fund cannot pay general office costs unless they directly support the fund’s legal work. The fund can be used to oppose federal cap-and-trade or mandatory emissions reporting, to address federal actions that support greenhouse-gas claims against the state or create climate remediation programs, and to recover credits or profits lost to fraud. Each year by November 30, the Attorney General reports fund money in, money out, and funded work to a legislative subcommittee.

New rules to track state carbon credits

Beginning May 6, 2026, the law sets clear rules for any carbon credits tied to state work. A state agency must get a digital ID for each credit and report the credit details and any sale terms to the State Auditor before a sale or trade. The Auditor keeps a list and reports the transactions to a legislative subcommittee. The law defines what counts as a carbon credit and a carbon emission offset, and says natural asset credits do not include resource sales or water rights. It says state funds include legislative appropriations and some bonds, but not tax breaks, permits, or federal grants. Credits created or bought by a state agency stay under that agency’s control.

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Sponsors & Cosponsors

Sponsor

  • Troy Shelley

    Republican • House

Cosponsors

  • Derrin R. Owens

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 128 • No: 9

House vote 3/4/2026

Senate Comm - Favorable Recommendation

Yes: 4 • No: 0

Senate vote 3/4/2026

Senate/ passed 2nd & 3rd readings/ suspension

Yes: 19 • No: 6

House vote 3/2/2026

House/ passed 3rd reading

Yes: 70 • No: 0

House vote 3/2/2026

House/ substituted

Yes: 0 • No: 0

House vote 2/27/2026

House Comm - Favorable Recommendation

Yes: 8 • No: 3

House vote 2/27/2026

House Comm - Substitute Recommendation

Yes: 11 • No: 0

House vote 2/12/2026

House Comm - Amendment Recommendation

Yes: 7 • No: 0

House vote 2/12/2026

House Comm - Held

Yes: 9 • No: 0

Actions Timeline

  1. Governor Signed

    3/25/2026
  2. House/ to Governor

    3/12/2026House
  3. House/ received enrolled bill from Printing

    3/12/2026House
  4. House/ enrolled bill to Printing

    3/11/2026House
  5. Enrolled Bill Returned to House or Senate

    3/11/2026
  6. Draft of Enrolled Bill Prepared

    3/6/2026
  7. Bill Received from House for Enrolling

    3/6/2026
  8. House/ signed by Speaker/ sent for enrolling

    3/5/2026House
  9. House/ received from Senate

    3/5/2026House
  10. Senate/ to House

    3/4/2026Senate
  11. Senate/ signed by President/ returned to House

    3/4/2026Senate
  12. Senate/ passed 2nd & 3rd readings/ suspension

    3/4/2026Senate
  13. Senate/ 2nd & 3rd readings/ suspension

    3/4/2026Senate
  14. Senate/ Rules to 2nd Reading Calendar

    3/4/2026Senate
  15. Senate/ 2nd Reading Calendar to Rules

    3/4/2026Senate
  16. Senate/ placed on 2nd Reading Calendar

    3/4/2026Senate
  17. Senate/ committee report favorable

    3/4/2026Senate
  18. Senate Comm - Favorable Recommendation

    3/4/2026
  19. Senate/ to standing committee

    3/3/2026Senate
  20. Senate/ 1st reading (Introduced)

    3/3/2026Senate
  21. Senate/ received from House

    3/2/2026Senate
  22. House/ to Senate

    3/2/2026House
  23. House/ passed 3rd reading

    3/2/2026House
  24. House/ substituted

    3/2/2026House
  25. House/ 3rd reading

    3/2/2026House

Bill Text

  • Enrolled

    3/11/2026

  • Substitute #4

    3/2/2026

  • Substitute #3

    2/26/2026

  • Substitute #2

    2/9/2026

  • Substitute #1

    1/27/2026

  • Introduced

    1/7/2026

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