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Bill

Bill

S 1528

CHILD Act of 2025

119th Congress Introduced by Chris Coons and 3 co-sponsors

Bill S 1528 imposes a tax on carbon fuels to reduce emissions, encouraging cleaner energy use while funding renewable projects and supporting climate initiatives.

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WeVote Research Nonpartisan
Bill Summary · S 1528

Summary of Bill S 1528: Establishes a Tax on Carbon-Based Fuels

Purpose and Intent

Bill S 1528 aims to implement a tax on carbon-based fuels as a measure to reduce carbon emissions and combat climate change. The primary intent is to encourage a transition towards cleaner energy sources by making fossil fuels more expensive, thereby incentivizing businesses and consumers to adopt more sustainable practices.

Key Provisions

  • Tax Implementation: The bill proposes a tax on all carbon-based fuels, which includes coal, oil, and natural gas. The specific tax rate has not been detailed in the current version of the bill.
  • Revenue Allocation: The revenue generated from this tax is expected to be allocated towards renewable energy projects, energy efficiency programs, and initiatives aimed at mitigating the impacts of climate change.
  • Exemptions and Adjustments: The bill may include provisions for exemptions or adjustments for certain industries or low-income households to mitigate the financial impact of the tax.

Affected Parties

  • Businesses: Industries that rely heavily on carbon-based fuels, such as transportation, manufacturing, and energy production, will be directly affected by the tax. This may lead to increased operational costs.
  • Consumers: Individuals and households that use fossil fuels for heating, transportation, and electricity may see an increase in their energy costs.
  • Environmental Groups: Organizations advocating for climate action are likely to support the bill as it aligns with efforts to reduce greenhouse gas emissions.

Procedural Aspects

  • Introduced Date: The bill was introduced on January 10, 2025.
  • Current Status: As of now, the bill has been referred to the Budget and Revenue Committee for further consideration. This step is crucial for determining the bill's viability and potential amendments.
  • Related Legislation: Bill S 1528 is part of a broader legislative effort, with several related bills from prior sessions (S 6037, S 2846, S 3608, S 3336, S 2579) that have addressed similar issues regarding carbon emissions and energy taxation.

Conclusion

Bill S 1528 represents a significant legislative effort to address climate change through economic measures. By taxing carbon-based fuels, the bill seeks to promote cleaner energy alternatives and reduce overall carbon emissions. The ongoing discussions in the Budget and Revenue Committee will be critical in shaping the final form of the legislation and its potential impact on the economy and the environment.

Compiled from official sources — confirm details with the bill’s official record.

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