Climate Change Rebate Act of 2008
Latest action · Sep 27, 2008 Referred to the Subcommittee on Energy and Air Quality.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 27, 2008
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Climate Change Rebate Act of 2008 - Requires that 35% of the total value of greenhouse gas emission allowances created by federal legislation limiting such emissions be auctioned each year to finance the purposes of this Act.
Amends the Internal Revenue Code to allow certain low-income taxpayers a refundable tax credit for energy cost increases attributable to carbon regulation (climate change tax credit).
Requires the Administrator of the Environmental Protection Agency (EPA) to: (1) formulate and administer a Climate Change Rebate Program to provide monthly rebates based on energy cost increases to low-income families and families receiving federal assistance; (2) establish a schedule and standards to implement such Program.
Requires receipts from the auction of greenhouse gas emission allowances to be used equally for the Low-Income Home Energy Assistance Program and the Weatherization Assistance Program under the Energy Conservation and Production Act.
Cosponsors
Members who signed on, in the order they did.
Actions 3
Everything that happened, newest first.
- Sep 27, 2008Introduced in House
- Sep 27, 2008Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and Labor, 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.
- Sep 27, 2008Referred to the Subcommittee on Energy and Air Quality.
Subjects
Assigned by the Library of Congress. Policy area: Environmental Protection.
- Administrative law and regulatory procedures
- Air quality
- Climate change and greenhouse gases
- Energy assistance for the poor and aged
- Energy efficiency and conservation
- Energy prices
- Environmental Protection
- Environmental Protection Agency (EPA)
- Environmental regulatory procedures
- Income tax credits
- Low- and moderate-income housing
- Residential rehabilitation and home repair
Text 1
Each version as it was printed, newest first.
- Sep 27, 2008Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.