To advance bipartisan priorities.
Sponsored By: Representative Fitzpatrick, Brian K. [R-PA-1]
In Committee
Summary
Would create a new federal carbon tax and dedicate most revenue to a new RISE Trust Fund for roads, climate projects, and household relief. It would start a $35 per metric ton CO2e tax in 2027 and raise the rate each year. The plan also adds border tax adjustments that charge imports and rebate exporters and repeals federal motor vehicle and aviation fuel taxes after 2025.
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- Families: Low-income households would receive State grants for eligible households below 150% of the federal poverty level. RISE would set aside 10% of its annual allocations for these grants.
- Workers: A 10-year displaced energy workers program would fund retraining, relocation, early retirement, health benefits, community redevelopment grants, and certain pension transfers.
- Businesses and trade: Importers of GHG-intensive products would face border tax adjustments matched to the domestic carbon tax, while exporters in eligible sectors could receive rebates and some country exemptions.
- Infrastructure and construction: Seventy-five percent of carbon-tax receipts would flow into RISE, with 70% of RISE annual allocations directed to the Highway Trust Fund. Projects funded by RISE must pay prevailing wages.
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Bill Overview
Analyzed Economic Effects
15 provisions identified: 9 benefits, 1 costs, 5 mixed.
Extra funding for cancer research
If enacted, the bill would give the National Cancer Institute extra funding in each fiscal year 2026 through 2030 equal to 25% of the NCI's FY2024 appropriation. These amounts would remain available until spent and would be in addition to other NCI funding.
New RISE infrastructure trust fund
If enacted, 75% of Subtitle L carbon tax receipts would be transferred into a new RISE Trust Fund. For fiscal years 2027–2036 RISE money would be split by fixed percentages each year (for example 70% to the Highway Trust Fund, 10% for state grants to low‑income households, 4% for coastal flooding projects, 3% for displaced energy workers, and 2.5% to the Airport and Airway Trust Fund). The bill directs certain transfers to existing cleanup and reforestation trust funds and requires the Secretary to transfer reforestation amounts within nine months. Projects funded under this title must pay local prevailing wages.
Nationwide carbon tax and rules
If enacted, this bill would create an economy‑wide greenhouse gas tax starting at $35 per metric ton in calendar year 2027. Each year after 2027 the rate would rise by the prior rate plus 5 percentage points and the prior year's CPI‑U change, and it could jump an extra $4 per ton if measured emissions exceed statutory targets. The tax would apply to combusted fuels, large industrial process sources, and some product uses subject to rules on lifecycle emissions. The bill would also set numeric tests for adding or removing industrial categories (250,000 and 25,000 metric‑ton thresholds), impose a penalty equal to three times the applicable amount for tax-year noncompliance, and repeal federal motor and aviation fuel excise taxes for transactions after December 31, 2025.
Limits on EPA greenhouse rules
If enacted, the bill would place a moratorium on many EPA greenhouse‑gas rules that limit emissions for fuels and activities already taxed under the bill, generally through January 1, 2039. The moratorium could end earlier if the EPA makes certain emissions determinations by March 30, 2031 or March 30, 2035 (with cessation on October 1, 2031 or October 1, 2035). The bill preserves or creates exceptions allowing EPA to set GHG limits for new motor vehicles and engines, to regulate nonroad engines and vehicles, and to limit aircraft engine GHGs only up to International Civil Aviation Organization (ICAO) standards.
Import and export carbon charges
If enacted, the bill would create border carbon adjustments so covered imports pay an amount equal to the carbon tax a comparable U.S. good would owe, and covered exports can get rebates. The Secretary must publish yearly sector and product lists and rates, with presumptive designation tests using a 5% greenhouse‑gas intensity threshold and a 15% trade intensity threshold. Rules, anti‑circumvention procedures, and exemptions for least‑developed or very small emitting countries are required, and the President may exempt sectors or countries for national, economic, or environmental reasons.
Help for displaced energy workers
If enacted, the Secretary of Labor would run a 10‑year program funded from RISE to help displaced energy sector workers. Eligible workers could get retraining, relocation assistance, early retirement, health benefits, community block grants for redevelopment, and limited pension transfers to the 1974 United Mine Workers plan subject to funding conditions.
Stronger school safety and doors grants
If enacted, local school districts would need emergency response procedures to keep ESEA funds. Parents must get timely notice of covered threats. CISA would convene an advisory committee to set standards for reinforced interior and exterior school doors, report within one year, and issue a final rule six months after that. The bill authorizes $100 million in grants in the year the rule is final and each of nine fiscal years after for carrying out the rule.
Veterans added to DBE program
If enacted, veteran‑owned small businesses would be added to the Disadvantaged Business Enterprise program. The bill would add a definition of 'veteran‑owned small business concern' and include veterans in the DBE categories, letting eligible veteran firms qualify for DBE treatment under existing programs.
Stronger rules to stop trafficking money
If enacted, federal examiners must review and strengthen anti‑money‑laundering training and examinations within 180 days to better detect transactions tied to severe human trafficking. An interagency task force must deliver recommendations within 270 days on improving financial referrals, training, information sharing, and addressing emerging technologies and virtual currencies.
Change VA grievance and discipline rules
If enacted, the bill would roll back certain Veterans Health Administration disciplinary and grievance rules to their pre‑2017 wording. The changes would alter how removal, demotion, and suspension processes are structured for VA personnel and affect VA managers, HR, and legal staff involved in personnel actions.
New bipartisan climate commission
If enacted, the bill would create a 10‑member bipartisan National Climate Commission. Members must be appointed within 180 days and the commission would set emission reduction goals for 2031 and every five years through 2056. It would begin reporting in 2032 and is authorized $5 million per year for fiscal years 2027–2036.
New rules for state election funding
If enacted, the bill would tie some federal election‑administration funds to state certifications. States would have to certify they do not allow noncitizens to vote in state or local elections to draw certain federal funds. States also must permit unaffiliated registered voters to vote in primaries for Federal and state offices (with a single‑party limit) and follow federal rules protecting unaffiliated voter data. A State that certifies compliance could get a payment equal to 2% of its HAVA section 251 requirements payments in the certification year and each of the next four years. The bill would also make Election Day a Federal holiday.
Bill preserves State law authority
If enacted, this bill states that nothing in the title shall preempt or supersede State laws or regulations. The clause preserves State authority to the extent otherwise allowed by law and does not itself create federal funding or eligibility changes.
DoD PFAS community coordinator
If enacted, the Secretary of Defense would have to name a Coordinator for Engagement with Defense Communities Affected by PFAS within one year. The coordinator would improve outreach, education, and liaison work for communities with ongoing or incomplete DoD PFAS remediation projects.
House members banned from most trading
If enacted, House rules would bar Members from owning or trading most securities, commodities, and synthetic financial interests. Exceptions would allow widely held mutual funds, U.S. Treasury securities, state and local bonds, and Thrift Savings Plan accounts. Each Member must sign a pledge and provide records to the House Ethics Committee on request.
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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