# 114-hr-3104: America's Energy Security Trust Fund Act of 2015

114-hr-3104, America's Energy Security Trust Fund Act of 2015, is a 114th Congress bill sponsored by Rep. Larson, John B. [D-CT-1] (D-CT); status Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3104
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3104
- Congress: 114
- Title: America's Energy Security Trust Fund Act of 2015
- Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2015-07-16
- Sponsor: Rep. Larson, John B. [D-CT-1] (D-CT)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

America's Energy Security Trust Fund Act of 2015 Amends the Internal Revenue Code to impose an excise tax, beginning in calendar year 2016, on any taxable carbon substance sold by its manufacturer, producer, or importer. Defines "taxable carbon substance" as: (1) coal (including lignite and peat); (2) petroleum and any petroleum products; and (3) natural gas that is extracted, manufactured, or produced in the United States, or entered into the United States for consumption, use, or warehousing. Establishes in the Treasury the America's Energy Security Trust Fund to assist industries negatively affected by this Act, make transfers to the Highway Trust Fund to cover shortfalls, and provide payroll tax relief. Allows individual taxpayers a tax credit equal to carbon tax rebate amounts calculated by the Department of the Treasury. Directs Treasury to study and report to Congress on the best methods to assess and collect taxes on non-carbon greenhouse gases. Expresses the sense of Congress that the United States should establish binding agreements with major greenhouse gas emitting nations to reduce global greenhouse gas emissions.

## Related bills

- 114-hr-6438: To extend the waiver of limitations with respect to excluding from gross income amounts received by wrongfully incarcerated individuals.
- 114-hr-6330: Naugatuck River Valley National Heritage Area Study Act
- 114-hr-6211: Fair Housing for Domestic Violence and Sexual Assault Survivors Act of 2016
- 114-hr-6159: To amend the Internal Revenue Code of 1986 to exempt premiums paid on non-cash-value property and casualty insurance from the taxes to enforce reporting on cer…
- 114-hr-6145: Christen O'Donnell Equestrian Helmet Labeling Act of 2016
- 114-hr-6045: STOP Act of 2016

## Sources
- [114-hr-3104 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3104)

## Related
- [114-hr-6438: To extend the waiver of limitations with respect to excluding from gross income…](https://policyrisk.com/legislation/114-hr-6438)
- [114-hr-6330: Naugatuck River Valley National Heritage Area Study Act](https://policyrisk.com/legislation/114-hr-6330)
- [114-hr-6211: Fair Housing for Domestic Violence and Sexual Assault Survivors Act of 2016](https://policyrisk.com/legislation/114-hr-6211)
- [114-hr-6159: To amend the Internal Revenue Code of 1986 to exempt premiums paid on non-cash-…](https://policyrisk.com/legislation/114-hr-6159)
- [114-hr-6145: Christen O'Donnell Equestrian Helmet Labeling Act of 2016](https://policyrisk.com/legislation/114-hr-6145)
- [114-hr-6045: STOP Act of 2016](https://policyrisk.com/legislation/114-hr-6045)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3104 (as of 2025-11-18).