Govwatch

Introduced

In Committee

3

Passed One Chamber

4

Passed Both

5

Signed into Law

Sponsor

Jerrold Nadler

Democrat · NY · Representative

Votes with party: 98.6% (498 recorded votes)

Full profile: /officials/N000002

Source: Congress.gov · FEC

Cosponsors (25)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

2025-02-07

Source: Congress.gov

Committee Activity

Currently in

House Committee on Energy and CommerceReferred To · 2025-02-07
House Committee on Transportation and InfrastructureReferred To · 2025-02-07
House Committee on Ways and MeansReferred To · 2025-02-07

Previously

Ways and Means CommitteeReferred To · 2025-02-07
Transportation and Infrastructure CommitteeReferred To · 2025-02-07
Energy and Commerce CommitteeReferred To · 2025-02-07

Plain-English Summary

This bill would create a new tax or fee on companies that emit greenhouse gases or produce fossil fuels, with the money collected going into a fund to support climate-related projects and initiatives. The revenue would likely be used for things like renewable energy development, infrastructure upgrades, or climate adaptation efforts, shifting some of the financial burden of addressing climate change onto the industries that produce the most pollution. The proposal affects oil, gas, coal, and other energy companies, as well as potentially large manufacturers and industrial polluters.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation

Full bill text is not yet cached locally.

Open text view Read on Congress.gov

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