Bill Sponsor
House Bill 4051
116th Congress(2019-2020)
Climate Action Rebate Act of 2019
Introduced
Introduced
Introduced in House on Jul 25, 2019
Overview
Text
Introduced
Jul 25, 2019
Latest Action
Aug 14, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4051
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Sponsorship by Party
Democrat
California
Democrat
California
Democrat
California
Democrat
New York
Democrat
Pennsylvania
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Climate Action Rebate Act of 2019

This bill imposes a carbon fee on the use, sale, or transfer of certain fossil fuels and fluorinated gases that emit greenhouse gases into the atmosphere. The fee is imposed on producers and importers of such fuels and is deposited into a Climate Action Rebate Fund established by this bill. 

The bill establishes an gradual emissions reduction schedule for such fuels between 2020 and 2050 (100% reduction).

The bill requires payment of an equalization fee by fossil fuels and carbon-intensive imported goods at the border and provides for refunds of comparable exports.

The bill rebates up to 70% of net revenues from the fund to low-income individuals as a monthly dividend. Remaining revenues must be used for investment in infrastructure, energy innovation, and assistance for workers and communities to transition to a cleaner energy economy.

All carbon fee revenue must be spent in accordance with Buy American requirements and the Davis-Bacon Act (requires payment of local prevailing wage on public works projects for laborers and mechanics),

Text (1)
July 25, 2019
Actions (8)
08/14/2019
Referred to the Subcommittee on Health.
08/12/2019
Referred to the Subcommittee on Conservation and Forestry.
08/08/2019
Referred to the Subcommittee on Water, Oceans, and Wildlife.
08/08/2019
Referred to the Subcommittee on Energy and Mineral Resources.
08/08/2019
Referred to the Subcommittee on National Parks, Forests, and Public Lands.
07/26/2019
Referred to the Subcommittee on Consumer Protection and Commerce.
07/25/2019
Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, Agriculture, Energy and Commerce, Financial Services, Natural Resources, Veterans' Affairs, Education and Labor, Science, Space, and Technology, and Foreign Affairs, 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.
07/25/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:50:23 PM