95-648 C.M.R. ch. 2, § 11 - PROCEDURES FOR REBATES TO CONSUMERS

A. Department Notice. At such time as the Trust receives notice from the Department that carbon dioxide allowances have traded in an auction conducted by the Regional Organization at a level in excess of the statutory emission allowance value established pursuant to 35-A M.R.S.A. §10008(5), the trustees shall request that the Department quantify in writing the total amount of revenue for which the State is eligible in that auction that corresponds to proceeds above that level.

B. Trust Transfer. The trustees shall cooperate with the Commission in arranging for the transfer to the Commission of the amount identified in the preceding subsection.

Notes

95-648 C.M.R. ch. 2, § 11