Congress 115 - HR 6463 - MARKET CHOICE Act

Sponsor

Cosponsors

Topics

Advisory bodies Air quality Business records Census and government statistics Climate change and greenhouse gases Coal Congressional oversight Electric power generation and transmission Emergency planning and evacuation Employee benefits and pensions Employment and training programs Energy efficiency and conservation Energy revenues and royalties Energy storage, supplies, demand Environmental assessment, monitoring, research Environmental regulatory procedures Floods and storm protection Food assistance and relief Food supply, safety, and labeling Forests, forestry, trees Government employee pay, benefits, personnel management Government information and archives Government studies and investigations Government trust funds Hazardous wastes and toxic substances Income tax credits Industrial facilities Inflation and prices Infrastructure development Manufacturing Metals Motor fuels Motor vehicles Oil and gas Research administration and funding Sales and excise taxes Soil pollution State and local finance State and local taxation Tax administration and collection, taxpayers Taxation

Full Text

View Full Bill Text

Votes

Summary

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

This bill imposes a tax on the greenhouse gas emissions of fossil fuels, certain industrial processes, and certain product uses.

The bill appropriates and transfers specified revenue from the tax to a Rebuilding Infrastructure and Solutions for the Environment Trust Fund established by the bill. Specified amounts in the trust fund shall be available, as provided by appropriations Acts, for the federal Highway Trust Fund, grants to low-income households; and other specified energy, environmental, infrastructure, and research and development priorities.

The bill also

eliminates the federal gas tax,
imposes a moratorium on finalizing and enforcing certain Clean Air Act regulations on greenhouse gas emissions, and
establishes a National Climate Commission to review policies to reduce greenhouse gas emissions.

The moratorium on regulations expires in 2033 if specified emission targets are not reached.

Actions

Aug 16, 2018

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Aug 3, 2018

Referred to the Subcommittee on Energy and Mineral Resources.
Jul 27, 2018

Referred to the Subcommittee on Environment.
Jul 24, 2018

Referred to the Subcommittee on Water Resources and Environment.
Jul 24, 2018

Referred to the Subcommittee on Highways and Transit.
Jul 24, 2018

Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Jul 24, 2018

Referred to the Subcommittee on Aviation.
Jul 23, 2018

Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Natural Resources, Education and the Workforce, Transportation and Infrastructure, Science, Space, and Technology, and Agriculture, 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.
Jul 23, 2018

Introduced in House

Amendments

Related Bills