Bill > HR3001

This bill is a comprehensive legislative package addressing multiple policy areas, with its primary focus on climate change, infrastructure, and various social and governmental issues. The 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 MARKET CHOICE Act), introduces a comprehensive greenhouse gas emissions taxation system that would impose taxes on fossil fuels, industrial processes, and certain product uses, with the tax rate starting at $35 per metric ton of carbon dioxide equivalent in 2027 and increasing annually. The bill establishes a Rebuilding Infrastructure and Solutions for the Environment (RISE) Trust Fund, which would allocate 75% of the collected taxes to various infrastructure, environmental, and energy-related projects, including highway maintenance, renewable energy research, and assistance for displaced energy workers. Additionally, the bill creates a National Climate Commission to set emissions reduction goals, establishes grants for flooding mitigation, provides assistance to energy sector workers, and includes several other provisions such as restrictions on financial trading by House members, efforts to combat human trafficking, school safety measures, and voting rights reforms. The bill aims to address climate change while providing economic support and infrastructure improvements, with a focus on bipartisan cooperation and long-term sustainability.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/3001/all-info