Sponsor
Brian K. Fitzpatrick
Representative · R-PA
Representative · R-PA
The bill channels new, multi‑year revenue into infrastructure, research, energy assistance, and targeted programs while expanding oversight and voting access — but it pairs those investments with a new greenhouse‑gas tax, stricter enforcement and compliance burdens, and procedural fiscal changes that could raise costs, limit regulatory tools, and risk cuts to other programs.
Taxpayers and road users gain a dedicated RISE Trust Fund that directs a large, multi-year share of new revenues to the Highway Trust Fund, increasing predictable federal funding for roads and bridges (FY2027–2036).
All taxpayers benefit from a bipartisan deficit‑reduction process and improved CBO scoring that could stabilize long‑term federal debt and produce specific legislative proposals for faster congressional consideration.
Cancer patients, clinicians, and researchers receive significant supplemental NCI funding (through FY2030), accelerating research, potential therapies, and efforts to address drug shortages over time.
Taxpayers, consumers, and businesses face a new domestic greenhouse‑gas tax and related border adjustments that will raise costs for emitters and may increase prices for goods and services across the economy.
The deficit‑reduction commission and expedited procedures could produce proposals that slash or restructure federal programs and benefits, and the fast‑track process limits floor amendments and deliberation, risking cuts to services households rely on.
Dedicating large shares of new tax revenue to specified programs (infrastructure, energy, etc.) reduces Treasury flexibility, risks crowding out other priorities, and could worsen fiscal shortfalls if revenue projections fall short.
Based on analysis of 20 sections of legislative text.
Creates a federal greenhouse gas tax with a border adjustment and RISE trust fund; funds cancer research supplements; changes election primary rules for unaffiliated voters; restricts House members' financial holdings; reforms VA personnel rules.
Official title: To advance bipartisan priorities.
Introduced December 11, 2025 by Brian K. Fitzpatrick · Last progress December 11, 2025
Creates a new federal tax framework for domestic greenhouse gas emissions with a linked border adjustment, establishes a dedicated "RISE" trust fund to direct most revenue to infrastructure and energy programs, and sets the tax's effective date tied to rulemaking and the end of 2025. The bill also funds cancer research supplements, requires a DoD PFAS community coordinator, strengthens anti‑trafficking money‑laundering efforts, creates a bipartisan fiscal commission with expedited congressional procedures for its proposal, restricts House members from owning many individual financial instruments, expands voter access for unaffiliated primary voters while barring noncitizen voting in federal races, names Election Day as a federal observance, expands disadvantaged business categories to include veteran‑owned firms, and revises VA personnel disciplinary procedures. The measure bundles many policy changes across taxation, budget and fiscal process, elections, veterans, health research, environmental remediation outreach, financial‑sector anti‑trafficking improvements, and internal congressional ethics rules. It sets out funding and distribution rules for the proposed carbon revenue fund and contains new administrative and reporting requirements for federal agencies and states tied to program eligibility and federal election funds.