Sponsors
The bill channels substantial emissions‑related revenue into infrastructure, climate R&D, low‑income relief, and cancer research while providing worker and governance protections — but it pairs those benefits with a new domestic emissions tax, regulatory trade‑offs, concentrated commission authority, and administrative and compliance burdens that could raise costs, delay environmental regulation, and constrain democratic oversight.
Millions of Americans benefit from a dedicated RISE Trust Fund that directs 75% of emissions receipts into infrastructure and climate programs (highways, ARPA‑E, carbon R&D, storage, etc.), providing predictable funding for major projects through FY2027–2036.
Low-income households (≤150% FPL or enrolled in SNAP/SSI/Medicare low‑income programs) gain annual state-administered grants funded by the RISE Trust Fund, providing direct financial support to vulnerable families.
Cancer patients and researchers receive sustained, sizeable new funding for the National Cancer Institute (25% of FY2024 appropriation annually for FY2026–2030), likely expanding research capacity, trials, and treatment development.
Households and businesses face higher costs because the bill imposes a domestic greenhouse‑gas emissions tax and border adjustments on emissions after Dec 31, 2025, likely raising prices for energy and carbon‑intensive goods.
The bill places a moratorium on EPA rules limiting GHGs from taxed fuels until 2039 (absent earlier triggers), which could delay regulatory reductions of emissions and harmful co‑pollutants and harm public health, especially in polluted communities.
Repealing federal motor vehicle and aviation fuel taxes risks reducing or destabilizing the dedicated revenue base for highways and aviation, creating uncertainty about long‑term transportation funding despite new RISE allocations.
Based on analysis of 20 sections of legislative text.
Introduced December 11, 2025 by Brian K. Fitzpatrick · Last progress December 11, 2025
Creates a new domestic greenhouse gas tax with border adjustments and directs most revenue into a new Rebuilding Infrastructure and Solutions for the Environment (RISE) Trust Fund to finance highways, research, state grants for low-income households, conservation, and other programs. It also repeals federal motor vehicle and aviation fuel taxes after 2025, places a limited moratorium on some EPA greenhouse-gas rulemaking tied to the tax, and attaches prevailing-wage rules to funded projects. Packaged with the tax are many unrelated provisions: a recurring boost in funding for the National Cancer Institute, a 10-year worker assistance program for displaced energy-sector workers, a DoD PFAS community liaison, a bipartisan fiscal commission with an expedited congressional process for its recommendations, new House rules banning Members from trading derivatives and similar instruments, voting/primary access and Election Day federal holiday rules, strengthened anti-money-laundering work on trafficking, and restoration of prior VA employee disciplinary procedures.