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This bill updates Utah's rules around how state government agencies handle carbon credits — tradeable certificates representing a reduction in greenhouse gas emissions — and creates a new dedicated fund to support related legal action. Before any state agency can sell or exchange a carbon credit, it must obtain a certified identification number for the credit and report key details to the state auditor, including a description of the emission offset, its source, and the terms of any proposed sale. The state auditor is then required to maintain a running list of these transactions and report annually to a legislative budget subcommittee on the revenue generated and a summary of activity. The bill also creates the Carbon Credit Litigation Fund, which collects money from any legal judgments or settlements involving carbon credit fraud or violations of state carbon credit law; the attorney general can use that fund to fight federal requirements that would force Utah into cap-and-trade programs, mandatory emissions reporting, or climate remediation programs, or to recover carbon credits fraudulently transferred out of state.