HB 2017 (2017), enrolled text

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(a) Require a regulated party to purchase credits for an amount that exceeds the maxi- mum price for credits in the most recent credit clearance market; or (b) Compel a person to sell credits. (Program Review) SECTION 170. (1) The Department of Environmental Quality shall, no later than Febru- ary 1, 2022, complete a review of the clean fuels program and submit a report on the department’s review to the interim committees of the Legislative Assembly related to envi- ronment and natural resources in the manner provided by ORS 192.245. (2) The review required by this section must consider all program compliance data available and must include, but need not be limited to, a review of the following: (a) The progress of this state, through implementation of sections 159 to 167 of this 2017 Act and rules adopted pursuant to sections 159 to 167 of this 2017 Act, toward achieving the goal of reducing the average amount of greenhouse gas emissions per unit of fuel energy of the fuels by 10 percent below 2010 levels by the year 2025. (b) The environmental, economic, health and other benefits realized through the imple- mentation of sections 159 to 167 of this 2017 Act and rules adopted pursuant to sections 159 to 167 of this 2017 Act, including but not limited to the economic benefits of supplying low carbon fuels or electric vehicle charging and related infrastructure. (c) The projected availability of low carbon fuels and credits through the year 2025, using the methodology described in section 163 (2) of this 2017 Act. (d) Additional mechanisms that may be necessary to manage and contain the costs of compliance with the low carbon fuel standards. (e) Whether adjustments to the low carbon fuel standards or the clean fuels program are necessary, including for purposes of achieving regional harmonization and consistency with the strategy described in ORS 184.617 (1)(j). (f) The effects of the maximum price for credits in the credit clearance market, as pro- vided for in section 166 of this 2017 Act, on implementation of sections 159 to 167 of this 2017 Act. (g) Adjustments that could serve to strengthen and enhance the low carbon fuel stand- ards or the clean fuels program in terms of increased emissions reductions or other net benefits attributable to the standards or program. (3) The review conducted by the department under this section must take into consider- ation the fuel supply forecast required by section 163 of this 2017 Act and may be conducted in coordination with the division of the Oregon Department of Administrative Services that serves as office of economic analysis. INDICATION OF INFLUENCE OF LOW CARBON FUEL STANDARDS ON COST OF GASOLINE SECTION 171. ORS 646.932 is amended to read: 646.932. (1) As used in this section, “gas station” includes a filling station, service station, ga- rage or any other place where gasoline is sold for use in motor vehicles. (2) The owner or operator of a gas station shall post, in a manner visible to customers, the fol- lowing information: (a) The amount of the price per gallon that is federal tax; (b) The amount of the price per gallon that is state tax; (c) The amount of the price per gallon that is local tax; and (d) The total amount of federal, state and local taxes per gallon. (3) The Department of Transportation shall furnish the information described in subsection (2) of this section to each gas station in [ the] this state. Enrolled House Bill 2017 (HB 2017-A) Page 144

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