Sponsors
Introduced December 11, 2025 by Brian K. Fitzpatrick · Last progress December 11, 2025
The bill raises and reallocates federal revenue to fund infrastructure, climate, and social-transition programs while incentivizing low‑carbon technology and strengthening some national security and ethics measures — but it does so by increasing energy costs, adding compliance burdens, constraining EPA regulatory authority, and imposing sweeping sanctions and expedited fiscal procedures that shift economic costs and political power in significant ways.
Millions of Americans (taxpayers, state and local governments, travelers) would gain predictable, targeted funding for highways, airports, coastal resilience, microgrids, research, and other infrastructure/climate projects through the RISE Trust, grants, and reallocated credits, accelerating resilience and modernization investments.
Households with low incomes, displaced energy workers, and small businesses would receive targeted assistance (direct support, weatherization, worker retraining/relocation/health benefits) to soften the economic transition from higher-carbon energy and support workforce shifts.
Manufacturers, researchers, and project developers would get stronger incentives — including tax refunds for emissions reductions/sequestration and support for carbon removal/CCS R&D and CO2 transport — to develop low‑carbon technologies and lower long‑term emissions.
Millions of consumers and businesses (especially low‑income households and rural families) would face higher fuel and energy prices as fossil fuel taxes and related industrial/product taxes are passed through to consumers, increasing living and operating costs.
A statutory moratorium and limits on EPA authority to regulate greenhouse gases until metrics are met or 2039 could delay nationwide GHG rules, increasing long‑term climate and public‑health risks and shifting regulatory burdens unevenly to states.
Provisions imposing new tax collection, compliance, reporting, and steep penalties (e.g., tripled fines for noncompliance) would raise administrative costs and legal risks for producers, importers, and industrial facilities, complicating operations and enforcement.
Based on analysis of 22 sections of legislative text.
Imposes a federal per‑ton tax on fossil‑fuel emissions and bundles measures on infrastructure funding, sanctions, election rules, school door standards, VA survivor benefits, and a House trading ban.
Imposes a new federal tax on greenhouse‑gas emissions from fossil fuels (a per‑metric‑ton charge starting in 2027 with an annual escalator) and pairs that tax with a statutory moratorium on certain EPA regulation of taxed fuels. The measure also bundles many unrelated changes: new rules on school door standards and funding, expanded veterans’ survivor benefits for ALS deaths, recurring sanctions triggers on Russia, a House member trading ban for many financial instruments, requirements for unaffiliated voters to access federal primaries, a DoD PFAS community liaison, creation of a bipartisan fiscal commission with expedited congressional consideration of its package, and several administrative and tax‑code technical changes. The bill affects energy producers, taxpayers, schools, veterans and surviving spouses, federal agencies (Treasury/IRS, EPA, DoD, VA, CISA, DNI), state election officials, and Members of Congress. It creates new administrative duties, funding authorizations for a school‑security grant program, periodic presidential sanctioning obligations, and changes to tax and environmental regulatory interaction that could shift energy prices and regulatory authority.