Bill > HR6665

This bill, known as the "Modernizing America with Rebuilding to Kickstart the Economy of the Twenty-first Century with a Historic Infrastructure-Centered Expansion Act" or the "MARKET CHOICE Act", would amend the Internal Revenue Code to impose a tax on greenhouse gas emissions from fossil fuels, industrial processes, and certain products. The revenue from this tax would fund various infrastructure, environmental, and worker assistance programs. The bill also includes provisions related to border adjustments for certain carbon-intensive imports and exports, as well as amendments to the Clean Air Act to limit the EPA's ability to regulate greenhouse gas emissions that are subject to the new tax. Overall, the bill aims to address climate change through market-based policies while also investing in infrastructure and supporting displaced energy workers.