Bill > S2378

This bill, the Fueling Alternative Transportation with a Carbon Aviation Tax Act of 2023, proposes to amend the Internal Revenue Code to increase excise taxes on fuel used by private jets. The bill aims to create a new trust fund, the Funding to Support Clean Communities Trust Fund, which would receive revenue from the increased taxes and use that funding for grants and activities related to air quality monitoring, public transit infrastructure, and improving public transportation, particularly in underserved and environmental justice communities. The bill also eliminates an existing exemption from the air transportation excise tax for certain uses of helicopters and fixed-wing aircraft. The key provisions include the increased tax rates, the creation of the new trust fund, and the requirement to prioritize funding for environmental justice communities disproportionately impacted by air pollution.

Budget and Finance

https://www.congress.gov/bill/118th-congress/senate-bill/2378/all-info