LC 2.20 Lincoln Carbon Taxation Act (Statute)

[Fmr. Representative Encke]

Since I already did the cost analysis for the Fremont bill, this one is a simple matter of using the regional multiplier.

First-year revenues are 35.0325 billion.

Reductions should be 77 million metric tons.

[Fmr. Representative Encke]

The old Fremont Carbon Tax was scored incorrectly the first time.

Yes, this is correct. To clarify further, a few people made the age-old mistake of taking a federal policy and forgetting to scale down their numbers to fit the region. This error was fixed in the Regional Correction Act and in the FY2019 budget.