To advance sensible priorities.
Sponsored By: Representative Fitzpatrick, Brian K. [R-PA-1]
In Committee
Summary
A nationwide greenhouse gas tax and border‑adjustment system to price emissions and fund climate and infrastructure programs.
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This bill would create per‑ton taxes on fossil fuel combustion, industrial process emissions, and certain product uses, add import and export adjustments tied to that tax, and funnel much of the revenue into a new RISE trust fund that pays for highways, state low‑income grants, and clean‑energy programs.
- Families and low‑income households: Annual State grants would target households at or below 150% of the poverty line and households receiving SNAP, SSI, or certain Medicare/Medicaid supports. State shares are based on the State’s sales of electricity and fuels.
- Industry and importers: A domestic tax starts at $35 per metric ton of CO2‑equivalent in 2027 and rises each year by 5 percentage points plus inflation. Owners, facility operators, and importers pay at points like mine mouth, refinery exit, processing plant exit, or first entry, and border adjustments aim to limit carbon leakage.
- Federal funds and projects: Seventy‑five percent of Subtitle L receipts flow into the Rebuilding Infrastructure and Solutions for the Environment Trust Fund. That fund allocates large shares to the Highway Trust Fund, state grants, flood mitigation, carbon removal and capture R&D, and displaced energy worker assistance.
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Bill Overview
Analyzed Economic Effects
18 provisions identified: 9 benefits, 2 costs, 7 mixed.
New RISE fund for roads and help
If enacted, 75 percent of receipts from the bill's Subtitle L would be set aside in a new RISE Trust Fund. For fiscal years 2027 through 2036 Congress would use that fund and must allocate each year fixed shares to purposes such as 70% to the Highway Trust Fund and 10% for State grants that help low‑income households. Treasury must make annual grants to States from the 10% share for eligible low‑income households under the statute.
More cancer funding and a shortage study
If enacted, the National Cancer Institute would get an additional amount equal to 25 percent of its fiscal year 2024 appropriation for each year 2026 through 2030, on top of other funding. Also, the FDA would study causes of cancer drug shortages and report recommendations to Congress within one year to help reduce shortages that affect patients and providers.
New carbon taxes on fuels and plants
If enacted, this would create a federal carbon tax on combusted fossil fuels and on large industrial and certain product uses. The base rate would be $35 per metric ton of CO2e in calendar year 2027 and then rise each year by a 5 percentage-point add-on plus inflation, with additional $4 increases if emissions triggers are met. The law would allow refunds for verified carbon sequestration and for qualifying manufacturing uses and give declining credits for state-level carbon charges. The tax would apply after the later of December 31, 2025, or one year after required regulations are issued.
Limits on EPA fuel and GHG rules
If enacted, this would add a moratorium that stops the EPA from issuing many greenhouse gas rules that limit emissions from combustion of fuels after those fuels pass a defined tax point. The moratorium includes narrow exceptions (certain oil‑and‑gas source subparts and some treatment works) and can end earlier if EPA finds emissions meet set triggers, or in any case ceases to apply on January 1, 2039. The bill also makes clear that EPA still may limit greenhouse gases from new motor vehicles and engines and may grant state waiver standards, while separately barring GHG‑based fuel mandates on fuel makers except where an explicit exception applies.
Broad Russia financial and trade penalties
If enacted, the President and agencies must impose coordinated restrictions after a covered determination. Within days the bill would require blocking sanctions on major Russian banks, bans on many exports and investments tied to Russian energy, limits on U.S. financial institutions' investments in government‑owned Russian entities, prohibitions on trading securities of Russian‑affiliated issuers, limits on transfers to Russian persons, and a tariff increase to at least 500 percent on imports from Russia. Narrow exceptions for humanitarian aid and required intelligence or visa actions apply.
Border carbon charge on imports
If enacted, this would set up a border tax adjustment that charges imports of high‑carbon covered goods an amount comparable to the U.S. carbon tax and rebates comparable charges on exports. Treasury and Customs must make rules within one year to pick affected industries and set rates, publish annual lists and rates, and create appeals and anti‑circumvention rules. The President could exempt sectors or products if certified not in the national, economic, or environmental interest.
Expanded DIC rules for veterans with ALS
If enacted, veterans who die from ALS on or after October 1, 2025, would be treated as covered veterans for Dependency and Indemnity Compensation purposes regardless of how long they had ALS. A surviving spouse would qualify if married continuously to the veteran for eight years or longer before death. The VA must report within 180 days on other service‑connected disabilities that might merit the same treatment.
Help for displaced energy workers
If enacted, the Labor Department would run a 10‑year program to help energy‑sector workers displaced because of the bill or certain nuclear workers affected by recent plant closures. Eligible workers would be able to get retraining, relocation costs, early retirement options, health benefits, and community redevelopment grants. Transfers to a named mine‑workers pension plan are allowed under a funding‑safety rule in the bill.
Bipartisan fiscal commission for debt
If enacted, a 20‑member National Bipartisan Fiscal Commission would be set up within 90 days to review long‑term deficits and debt and recommend a legislative package. Members must be appointed quickly. The Commission may hold hearings and issue subpoenas with required votes and must report to Congress within 18 months with stabilization recommendations.
New National Climate Commission
If enacted, a bipartisan 10‑member National Climate Commission would be created and appointed within 180 days. The Commission must set emissions‑reduction goals for 2031 and every five years through 2056, meet regularly, and begin issuing reports to the President, Congress, and States starting in 2032. The bill authorizes $5 million per year for fiscal years 2027–2036 and allows the Secretary of Commerce to accept publicly disclosed private donations.
Grants for frequent flood mitigation
If enacted, Commerce and the Army could award grants to States, local governments, and Tribes for projects to reduce frequent or chronic flooding, including hard and natural infrastructure, conveyance and storage, and community resilience measures. The federal share of project cost could be up to 90 percent. Projects that harm important ecological functions would be ineligible, and recipients must report progress each year.
Prevailing wages on federal projects
If enacted, workers on projects funded or assisted under this title would have to be paid the local prevailing wages for similar work as set under Davis‑Bacon rules. The Labor Secretary would enforce those wage requirements. This would raise pay for laborers and mechanics but also raise labor costs for contractors and project budgets.
School door rules and SAFER grants
If enacted, CISA would convene a rulemaking committee within 90 days to develop standards for installing or modifying reinforced interior and exterior doors in any federally funded K–12 school. The committee must report in one year and CISA must issue a final rule within six months after that report. The bill would also authorize an additional $100 million per year to the State Homeland Security Grant Program in the fiscal year the final rule is issued and for nine years after to help pay for SAFER Schools door work.
Veteran firms added to DBE program
If enacted, veteran‑owned small businesses would be added explicitly to the Disadvantaged Business Enterprise program. The bill cross‑references the Small Business Act definition and inserts veteran firms into the list of covered entities, making veteran firms eligible for DBE contracting opportunities under the existing rules.
DoD PFAS community coordinator
If enacted, the Secretary of Defense would have to name an official within one year to serve as a Coordinator for Engagement with Defense Communities Affected by PFAS. The Coordinator would improve outreach, education, and communication and act as a liaison among the Department, state and local governments, advocacy groups, and affected people in communities with ongoing or incomplete DoD PFAS cleanup work.
House member investment ownership ban
If enacted, House Rule XXIII would bar Members of the House from owning or trading many types of financial instruments defined as 'covered financial instruments,' including certain securities, security futures, commodities, and synthetic economic interests. Exemptions include widely held registered funds, U.S. Treasury securities, state and local government bonds, and Thrift Savings Plan investments. Each Member would have to submit a pledge to comply and provide materials on request to the House Ethics Committee.
Faster handling of commission reports
If enacted, the President would have 60 days after a Commission report is sent to Congress to transmit a special message and a proposed joint resolution with legislative language to implement recommendations. The President must consult committee leaders and budget offices, explain why recommendations are included or excluded, and make the materials public. The bill also creates an expedited congressional consideration process for the proposed joint resolution.
Unaffiliated voter access and limits
If enacted, States would have to let registered unaffiliated voters take part in any Federal primary in the State, though a voter could not vote in the same office primary for more than one party. States must not share unaffiliated voters' primary participation information with parties or others for political or commercial use. At the same time, the bill declares noncitizens cannot vote in Federal elections and would bar certain Federal election‑administration funds unless a State certifies it does not permit noncitizen voting in state or local elections.
Sponsors & CoSponsors
Sponsor
Fitzpatrick, Brian K. [R-PA-1]
PA • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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