- Stage
- In committee
- Started in
- House
- Sponsors
- 2
- Latest action
- May 13, 2025
What it does
The MARKET CHOICE Act would amend the Internal Revenue Code to eliminate certain federal fuel excise taxes and instead impose a tax on greenhouse gas emissions from fossil fuels and industrial processes, with revenues directed to the RISE Trust Fund for infrastructure and environmental projects. The tax would start at $40 per metric ton of carbon dioxide equivalent in 2027 and increase annually, with adjustments based on emissions trends and inflation. The bill also includes provisions for border adjustments on imported goods, assistance for displaced energy-sector workers, amendments to environmental laws, and the establishment of a National Climate Commission to oversee climate policy. It…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.