5126-S2 AMS KING S2421.1
2SSB 5126 - S AMD 549
By Senator King
NOT ADOPTED 04/08/2021
On page 3, beginning on line 33, after "equivalent." strike all material through "right." on line 34 and insert "An allowance is a property interest and the holder of an allowance may not be deprived of it without due process of law."
On page 24, at the beginning of line 20, strike all material through "right." and insert "An allowance is a property interest and the holder of an allowance may not be deprived of it without due process of law."
EFFECT: Removes provisions providing that an emissions allowance is not a property right, and instead provides that an allowance is a property interest and that the holder of an allowance may not be deprived of it without due process of law.
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