Concerning climate commitment act accounts.

This bill creates two new accounts, the Climate Commitment Act Operating Account and the Climate Commitment Act Capital Account, to fund programs aimed at reducing greenhouse gas emissions and increasing climate resilience. It specifies how money from allowance auctions will be deposited into these accounts and outlines eligible expenditures, including investments in clean energy, energy efficiency, tribal projects, and assistance for fossil fuel workers. The bill also repeals existing accounts and makes changes to how auction proceeds are distributed and how environmental justice is considered in funding decisions.

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