Enacts the climate and community investment act; prioritizes public investments in disadvantaged communities; expands clean and renewable energy.

The bill enacts the climate and community investment act, which prioritizes public investments in disadvantaged communities. It expands clean and renewable energy sources, adopts best value requirements for renewable energy projects, and establishes a community just transition program. The act also imposes a climate pollution fee on carbon-based fuels and creates a household and small business energy rebate to offset increased costs of living. The rebate is available to eligible moderate-income and low-income households, and eligible small businesses receive a tax credit.

Enacts the climate and community investment act; prioritizes public investments in disadvantaged communities; expands clean and renewable energy.

The bill enacts the climate and community investment act, which prioritizes public investments in disadvantaged communities. It expands clean and renewable energy sources, adopts best value requirements for renewable energy projects, and establishes a community just transition program. The act also imposes a climate pollution fee on carbon-based fuels and creates a household and small business energy rebate to offset increased costs of living. The rebate is available to eligible moderate-income and low-income households, and eligible small businesses receive a tax credit.