Bill > HR6636

This bill, titled "To advance sensible priorities," is a comprehensive piece of legislation that addresses several key areas. Primarily, it aims to combat climate change by establishing a tax on domestic greenhouse gas emissions, starting at $35 per metric ton of carbon dioxide equivalent in 2027 and increasing annually with inflation and an additional 5% each year, with provisions for adjustments based on emission levels and exemptions for non-combustive uses and carbon capture. It also introduces border tax adjustments to ensure imported goods face similar carbon costs as domestic ones, preventing "carbon leakage" and encouraging other countries to reduce emissions. Revenue generated from these taxes will be directed to the "Rebuilding Infrastructure and Solutions for the Environment Trust Fund" (RISE Trust Fund) to support various infrastructure, energy, and environmental projects, including highway and airport improvements, weatherization programs, and assistance for displaced energy workers. The bill also includes provisions to increase the National Cancer Institute's budget, address cancer drug shortages, establish a coordinator for PFAS-impacted defense communities, create a National Bipartisan Fiscal Commission to address deficits and debt, restrict trading of certain financial instruments by members of the House of Representatives, and impose significant sanctions on Russia, including prohibitions on financial transactions, energy exports, and imports of Russian uranium, along with increased duties on Russian goods and services. Additionally, it mandates the review and potential reinforcement of school doors to enhance safety, requires states to allow unaffiliated voters to participate in primary elections while prohibiting non-citizens from voting, mandates a review of intelligence sharing with Ukraine, promotes veteran-owned small businesses in infrastructure projects, and extends benefits to surviving spouses of veterans who die from amyotrophic lateral sclerosis (ALS).

Budget and Finance, Health and Social Services

https://www.congress.gov/bill/119th-congress/house-bill/6636/all-info