2201-S2 AMH GOEH H3235.1
2SHB 2201 - H AMD 934
By Representative Goehner
On page 37, line 27, after "(4)" insert "A linkage agreement between Washington and any linking jurisdiction must provide that if the linking jurisdiction enacts a law or adopts a rule, after the effective date of the linkage agreement, that reduces the supply of allowances from the linked jurisdiction by lowering the emissions cap or increasing the rate of emissions reductions required under the linked jurisdiction's program, the linkage agreement is terminated upon the effective date of the other jurisdiction's law or rule, and the department must adopt emergency rules suspending the program under this chapter.
(5)"
Renumber the remaining subsection consecutively and correct any internal references accordingly.
EFFECT: Requires a linkage agreement between Washington and another jurisdiction to terminate upon the linked jurisdiction adopting a law or rule that reduces the supply of allowances by lowering an emissions cap or increasing the rate of emissions reductions under the linked program. Directs the department of ecology to adopt emergency rules to suspend the Washington cap and invest program in the event of a terminated linkage agreement.
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