,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #ecjg  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #ca1 #bjad ,mr4 
,l>son ( ,connecticut introduc$ ! foll[+
 bill2 :i* 0 ref]r$ to ! ,committee on  
,ways & ,means1 & 9 addition to !       
,committee on ,=eign ,affairs1 = a p]iod
 to be subsequ5tly det]m9$ by ! ,speak]1
 9 ea* case = consid]ation ( su*        
provisions z fall )9 ! jurisdiction ( ! 
committee conc]n$  ,a ,,bill  ,to am5d !
 ,int]nal ,rev5ue ,code ( #aihf to r$uce
 c>bon pollution 9 ! ,unit$ ,/ates1     
inve/ 9 ! ,nation's infra/ructure1 & cut
 taxes = work+ ,am]icans4  #a4 ,%ort    
title ,?is ,act may be cit$ z !         
,am]ica's ,en]gy ,security ,tru/ ,fund  
,act ( #bjad4  #b4 ,tax on c>bon dioxide
 cont5t ( c]ta9 sub/ances  7a7 ,9 g5]al 
,*apt] #ch ( ! ,int]nal ,rev5ue ,code ( 
#aihf 7relat+ to environm5tal taxes7 is 
am5d$ by add+ at ! end !re( ! foll[+ new
 sub*apt]3  ,e ,tax on c>bon dioxide    
cont5t ( c]ta9 sub/ances  ,sec4 #dfia4  
,imposition ( tax4 ,sec4 #dfib4 ,refunds

 or cr$its4 ,sec4 #dfic4 ,bord]         
adju/m5ts4 ,sec4 #dfid4 ,def9itions &   
special rules4  #dfia4 ,imposition ( tax
  7a7 ,9 g5]al ,!re is h]eby impos$ a   
tax on any taxable c>bon sub/ance sold  
by ! manufactur]1 produc]1 or import]   
!re(4  7b7 ,am\nt ( tax  7#a7 ,9 g5]al  
,! am\nt ( tax impos$ by subsection 7a7 
on any taxable c>bon sub/ance %all be ! 
applicable am\nt p] ton ( c>bon dioxide 
cont5t ( su* sub/ance1 z det]m9$ by !   
,secret>y 9 consultation ) ! ,secret>y (
 ,en]gy4  7#b7 ,fractional "p ( ton ,9 !
 case ( a fraction ( a ton1 ! tax impos$
 by subsection 7a7 %all be ! same       
fraction ( ! am\nt ( su* tax impos$ on a
 :ole ton4  7#c7 ,applicable am\nt ,=   
purposes ( p>agraph 7#a7--  7,a7 ,cal5d>
 ye> #bjaf ,! applicable am\nt = cal5d] 
ye> #bjaf is #aj4  7,b7 ,ye>s aft] #bjaf
 ,= a cal5d> ye> aft] #bjaf1 !          
applicable am\nt is ! sum (--  7i7 !    
am\nt 9 effect "u ?is p>agraph = !      
prec$+ cal5d> ye>1 plus  7ii7 #aj4  7c7 
,sub/ance tax$ only once ,no tax %all be

 impos$ by subsection 7a7 ) respect to a
 taxable c>bon sub/ance if ! p]son :o   
w\ld be liable = su* tax e/abli%es t a  
prior tax impos$ by su* section has be5 
impos$ ) respect to su* product4  7d7   
,exemption = exports  7#a7 ,tax-free    
sales  7,a7 ,9 g5]al ,no tax %all be    
impos$ "u subsection 7a7 on ! sale by ! 
manufactur] or produc] ( any taxable    
c>bon sub/ance = export or = resale by !
 pur*as] to a second pur*as] = export4  
7,b7 ,pro( ( export requir$ ,rules      
simil> to ! rules ( section #dbba7;b7   
%all apply = purposes ( subp>agraph     
7,a74  7#b7 ,cr$it or refund :]e tax    
paid  7,a7 ,9 g5]al ,except z provid$ 9 
subp>agraph 7,b71 if--  7i7 tax "u      
subsection 7a7 0 paid ) respect to any  
taxable c>bon sub/ance1 &  7ii7  7,i7   
su* sub/ance 0 export$ by any p]son1 or 
7,,ii7 su* sub/ance 0 us$ z a mat]ial 9 
! manufacture or production ( a taxable 
c>bon sub/ance :i* 0 export$ by any     
p]son & :i*1 at ! "t ( export1 0 a      
taxable c>bon sub/ance1  cr$it or refund

 7)\t int]e/7 ( su* tax %all be all[$ or
 made to ! p]son :o paid su* tax4  7,b7 
,condition to all[ance ,no cr$it or     
refund %all be all[$ or made "u         
subp>agraph 7,a7 unless ! p]son :o paid 
! tax e/abli%es t he--  7i7 has repaid  
or agre$ to repay ! am\nt ( ! tax to !  
p]son :o export$ ! taxable c>bon        
sub/ance1 or  7ii7 has obta9$ ! writt5  
cons5t ( su* export] to ! all[ance ( !  
cr$it or ! mak+ ( ! refund4  7,c7       
,refunds directly to export] ,!         
,secret>y %all provide1 9 regulations1 !
 circum/ances "u :i* a cr$it or refund  
7)\t int]e/7 ( ! tax "u subsection 7a7  
%all be all[$ or made to ! p]son :o     
export$ ! taxable c>bon sub/ance1 :]e-- 
7i7 ! p]son :o paid ! tax waives 8 claim
 to ! am\nt ( su* cr$it or refund1 &    
7ii7 ! p]son export+ ! taxable c>bon    
sub/ance provides su* in=mation z !     
,secret>y may require 9 su* regulations4
  #dfib4 ,refunds or cr$its  7a7        
,seque/]$ c>bon ,"u regulations         
prescrib$ by ! ,secret>y1 if--  7#a7 a  

p]son uses a taxable c>bon sub/ance z a 
fe$/ock s t ! c>bon associat$ ) su*     
sub/ance w n be emitt$1 or  7#b7 a p]son
 captures & seque/]s ! c>bon 9 a taxable
 c>bon sub/ance1  !n an am\nt equal to !
 am\nt ( tax 9 effect "u section        
#dfia7;b7 ) respect to su* sub/ance = ! 
cal5d> ye> 9 :i* su* use beg9s %all be  
all[$ z a cr$it or refund 7)\t int]e/7  
to su* p]son 9 ! same mann] z if x 7 an 
ov]paym5t ( tax impos$ by section #dfia4
  7b7 ,previ\sly tax$ c>bon sub/ances   
us$ ,to make ano!r taxable c>bon        
sub/ance ,"u regulations prescrib$ by ! 
,secret>y1 if--  7#a7 a tax "u section  
#dfia 0 paid ) respect to any taxable   
c>bon sub/ance1 &  7#b7 su* sub/ance 0  
us$ by any p]son 9 ! manufacture or     
production ( any o!r sub/ance :i* is a  
taxable c>bon sub/ance1  !n an am\nt    
equal to ! tax s paid %all be all[$ z a 
cr$it or refund 7)\t int]e/7 to su*     
p]son 9 ! same mann] z if x 7 an        
ov]paym5t ( tax impos$ by subsection    
7a74 ,9 any case to :i* ?is p>agraph    

applies1 ! am\nt ( any su* cr$it or     
refund %all n exce$ ! am\nt ( tax impos$
 by subsection 7a7 on ! o!r taxable fuel
 manufactur$ or produc$ 7or :i* w\ld h  
be5 impos$ by su* subsection on su* o!r 
fuel b = subsection 7c774  #dfic4 ,bord]
 adju/m5ts  7a7 ,imports ,! ,secret>y   
%all impose a c>bon equival5cy fee on   
imports ( c>bon-int5sive goods t %all be
 equival5t to ! co/ t dome/ic produc]s (
 comp>able c>bon-int5sive goods incur z 
a result (--  7#a7 taxes paid by        
manufactur]s1 produc]s1 & import]s (    
taxable c>bon sub/ances "u ?is section1 
&  7#b7 c>bon equival5cy fees paid by   
import]s ( c>bon int5sive goods us$ 9 ! 
production ( ! comp>able c>bon int5sive 
goods 9 "q4  7b7 ,exports ,not)/&+ !    
limitations ( section #dfib1 ! ,secret>y
 %all all[ z a cr$it or refund 7)\t     
int]e/7 to ! export] ( a c>bon-int5sive 
good produc$ 9 ! ,unit$ ,/ates 9 ! same 
mann] z if x 7 an ov]paym5t ( tax impos$
 by section #dfia an am\nt equival5t to 
! co/ t dome/ic produc]s ( su* c>bon    

int5sive goods incur z a result (--     
7#a7 taxes paid by manufactur]s1        
produc]s1 & import]s ( taxable c>bon    
sub/ances "u ?is section1 &  7#b7 c>bon 
equival5cy fees paid by import]s ( c>bon
 int5sive goods us$ 9 ! production ( !  
comp>able c>bon int5sive goods 9 "q4    
7c7 ,expiration ,?is section %all cease 
to h effect at su* "t z & to ! ext5t t--
  7#a7  7,a7 an int]national agreem5t   
requir+ c\ntries t emit gre5h\se gases &
 produce c>bon int5sive goods =         
int]national m>kets to adopt equival5t  
measures comes into effect1 or  7,b7 !  
c\ntry ( export has implem5t$ equival5t 
measures1 &  7#b7 ! actions provid$ = by
 subsections 7a7 & 7b7 are no long]     
appropriate4  #dfid4 ,def9itions &      
special rules  7a7 ,def9itions ,=       
purposes ( ?is sub*apt]--  7#a7 ,taxable
 c>bon sub/ance ,! t]m taxable c>bon    
sub/ance means--  7,a7 coal 7includ+    
lignite & peat71  7,b7 petroleum & any  
petroleum product 7z def9$ 9 section    
#dfab7;a77#c771 &  7,c7 natural gas1    

:i* is extract$1 manufactur$1 or produc$
 9 ! ,unit$ ,/ates or ent]$ into !      
,unit$ ,/ates = consumption1 use1 or    
w>eh\s+4  7#b7 ,unit$ ,/ates ,! t]m     
,unit$ ,/ates has ! mean+ giv5 su* t]m  
by section #dfab7;a77#d74  7#c7 ,import]
 ,! t]m import] means ! p]son ent]+ !   
taxable c>bon sub/ance = consumption1   
use1 or w>eh\s+4  7#d7 ,ton ,! t]m ton  
means metric tons4 ,9 ! case ( any      
taxable c>bon sub/ance :i* is a gas1 !  
t]m ton means ! am\nt ( su* gas 9 cubic 
feet :i* is ! equival5t ( a metric ton  
on a molecul> weight basis4  7#e7       
,c>bon-int5sive good ,! t]m             
c>bon-int5sive good means a good t 7z   
id5tifi$ by ! ,secret>y by rule7--  7,a7
 is a prim>y product1 or  7,b7 is a     
manufactur$ item 9 :i* "o or m prim>y   
products are inputs & ! co/ ( production
 ( :i* 9 ! ,unit$ ,/ates is             
significantly increas$ by ?is sub*apt]4 
7#f7 ,prim>y product ,! t]m prim>y      
product means--  7,a7 iron1 /eel1 /eel  
mill products 7includ+ pipe & tube71    

alum9um1 cem5t1 glass 7includ+ flat1    
conta9]1 & specialty glass & fib]glass71
 pulp1 pap]1 *emicals1 or indu/rial     
c]amics1 &  7,b7 any o!r manufactur$    
product t ! ,secret>y det]m9es--  7i7 is
 sold = purposes ( fur!r manufacture1 & 
7ii7 g5]ates1 9 ! c\rse ( ! manufacture 
( ! product1 direct & indirect gre5h\se 
gas emissions t are comp>able 7on an    
emissions-p]-doll> ( output basis7 to   
emissions g5]at$ 9 ! manufacture or     
production ( prim>y products id5tifi$ 9 
subp>agraph 7,a74  7#g7 ,equival5t      
measure ,! t]m equival5t measure means a
 tax or o!r regulatory requirem5t t     
imposes a co/ on manufactur]s ( c>bon   
int5sive goods locat$ outside ! ,unit$  
,/ates approximately equal to ! co/     
impos$ by section #dfia on manufactur]s 
( comp>able c>bon int5sive goods locat$ 
9 ! ,unit$ ,/ates4  7b7 ,use treat$ z   
sale ,if any p]son manufactures1        
produces1 or imports any taxable c>bon  
sub/ance & uses su* sub/ance1 !n su*    
p]son %all be liable = tax "u section   

#dfia 9 ! same mann] z if su* sub/ance 7
 sold by su* p]son4  7c7 ,special rules 
= inv5tory ex*anges  7#a7 ,9 g5]al      
,except z provid$ 9 ?is p>agraph1 9 any 
case 9 :i* a manufactur]1 produc]1 or   
import] ( a taxable c>bon sub/ance      
ex*anges su* sub/ance z "p ( an inv5tory
 ex*ange ) ano!r p]son--  7,a7 su*      
ex*ange %all n be treat$ z a sale1 &    
7,b7 su* o!r p]son %all1 = purposes (   
section #dfia1 be treat$ z !            
manufactur]1 produc]1 or import] ( su*  
sub/ance4  7#b7 ,regi/ration requirem5t 
,p>agraph 7#a7 %all n apply to any      
inv5tory ex*ange unless--  7,a7 bo?     
p>ties are regi/]$ ) ! ,secret>y z      
manufactur]s1 produc]s1 or import]s (   
taxable c>bon sub/ances1 &  7,b7 ! p]son
 receiv+ ! taxable c>bon sub/ance has1  
at su* "t z ! ,secret>y may prescribe1  
notifi$ ! manufactur]1 produc]1 or      
import] ( su* p]son's regi/ration numb] 
& ! int]nal rev5ue di/rict 9 :i* su*    
p]son is regi/]$4  7#c7 ,inv5tory       
ex*ange ,= purposes ( ?is subsection1 ! 

t]m inv5tory ex*ange means any ex*ange 9
 :i* #b p]sons ex*ange prop]ty :i* is1 9
 ! h&s ( ea* p]son1 prop]ty describ$ 9  
section #abba7;a77#a74  7d7 ,regulations
 ,! ,secret>y %all prescribe su*        
regulations z may be necess>y to c>ry   
out ! purposes ( ?is sub*apt]4  4  7b7  
,e/abli%m5t ( ,am]ica's ,en]gy ,security
 ,tru/ ,fund ,sub*apt] ,a ( *apt] #ih ( 
su* ,code 7relat+ to tru/ fund code7 is 
am5d$ by add+ at ! end ! foll[+3  #ieab4
 ,am]ica's ,en]gy ,security ,tru/ ,fund 
7a7 ,creation ( ,tru/ ,fund ,!re is     
e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates
 a tru/ fund to be kn[n z ,am]ica's     
,en]gy ,security ,tru/ ,fund 7ref]r$ to 
9 ?is section z ! ,tru/ ,fund71 consi/+ 
( su* am\nts z may be appropriat$ or    
cr$it$ to ! ,tru/ ,fund z provid$ 9 ?is 
section or section #ifjb7;b74  7b7      
,transf]s to ,tru/ ,fund ,!re is h]eby  
appropriat$ to ! ,tru/ ,fund an am\nt   
equival5t to ! increase 9 rev5ues       
receiv$ 9 ! ,treasury z ! result ( ! tax
 impos$ "u section #dfia4  7c7          

,di/ribution ( am\nts 9 ,tru/ ,fund     
,am\nts 9 ! ,tru/ ,fund equival5t to !  
taxes receiv$ 9 ! ,treasury "u section  
#dfia = a cal5d> ye> %all be available  
)\t fur!r appropriation1 z foll[s3  7#a7
 ,fir/1 ! affect$ indu/ry transition    
assi/ance am\nt %all be available =     
transition assi/ance to work]s 9        
indu/ries negatively affect$ by !       
,am]ica's ,en]gy ,security ,tru/ ,fund  
,act ( #bjad1 z det]m9$ by ! ,secret>y (
 ! ,treasury 9 consultation ) !         
,secret>y ( ,labor4  7#b7 ,second1 ( !  
am\nt rema9+ aft] ! application (       
p>agraph 7#a71 ! ,highway ,tru/ ,fund   
%ortfall am\nt %all be available to be  
transf]r$ to ! ,highway ,tru/ ,fund4 ,= 
purposes ( ?is p>agraph1 ! t]m ,highway 
,tru/ ,fund %ortfall am\nt means ! am\nt
 det]m9$ by ! ,secret>y to be equal to !
 excess (--  7,a7 ! sum ( ! obligations 
( ! ,unit$ ,/ates specifi$ 9 section    
#iejc7;c77#a7 plus ! am\nts to be exp5d$
 "u section #iejc7;e77#c71 ov]  7,b7 !  
am\nts available 9 ! ,highway ,tru/     

,fund to meet ^? obligations &          
exp5ditures 7det]m9$ )\t reg>d to ?is   
p>agraph or section #iejc7;f77#e774     
7#c7 ,?ird1 ! am\nt rema9+ aft] !       
application ( p>agraph 7#a7 %all be     
available = payroll tax relief "u !     
rebate paid "u section #cf;,c4  7d7     
,affect$ indu/ry transition assi/ance   
am\nt ,= purposes ( subsection 7c77#a71 
! affect$ indu/ry transition assi/ance  
am\nt is ! am\nt det]m9$ z foll[s3  7#a7
 ,= cal5d> ye> #bjaf1 #a_/aj ( ! am\nt 9
 ! ,tru/ ,fund equival5t to ! taxes     
receiv$ 9 ! ,treasury "u section #dfia =
 cal5d> ye> #bjaf4  7#b7 ,= cal5d> ye>  
#bjag1 #i_/aj ( ! am\nt made available  
"u p>agraph 7#a7 = cal5d> ye> #bjaf4    
7#c7 ,= cal5d> ye> #bjah1 #d_/e ( !     
am\nt made available "u p>agraph 7#a7 = 
cal5d> ye> #bjaf4  7#d7 ,= cal5d> ye>   
#bjai1 #g_/aj ( ! am\nt made available  
"u p>agraph 7#a7 = cal5d> ye> #bjaf4    
7#e7 ,= cal5d> ye> #bjbj1 #c_/e ( !     
am\nt made available "u p>agraph 7#a7 = 
cal5d> ye> #bjaf4  7#f7 ,= cal5d> ye>   

#bjba1  ( ! am\nt made available "u     
p>agraph 7#a7 = cal5d> ye> #bjaf4  7#g7 
,= cal5d> ye> #bjbb1 #b_/e ( ! am\nt    
made available "u p>agraph 7#a7 = cal5d>
 ye> #bjaf4  7#h7 ,= cal5d> ye> #bjbc1  
#c_/aj ( ! am\nt made available "u      
p>agraph 7#a7 = cal5d> ye> #bjaf4  7#i7 
,= cal5d> ye> #bjbd1 #a_/e ( ! am\nt    
made available "u p>agraph 7#a7 = cal5d>
 ye> #bjaf4  7#aj7 ,= cal5d> ye> #bjbe1 
#a_/aj ( ! am\nt made available "u      
p>agraph 7#a7 = cal5d> ye> #bjaf4  7#aa7
 ,= cal5d> ye>s aft] #bjbe1 z]o4  4  7c7
 ,transf]s to ,highway ,tru/ ,fund      
,subsection 7f7 ( section #iejc ( !     
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by r$esignat+ p>agraph 7#e7 z p>agraph  
7#g7 & by ins]t+ aft] p>agraph 7#d7 !   
foll[+ new p>agraph3  7#e7 ,additional  
increase 9 fund balance ,!re is h]eby   
transf]r$ to ! ,highway ,tru/ ,fund     
am\nts appropriat$ ea* ye> f ,am]ica's  
,en]gy ,security ,tru/ ,fund "u section 
#ieab7;c77#b74 ,su* am\nts %all be      
apportion$ to ! ,highway ,acc\nt & !    

,mass ,transit ,acc\nt 9 accordance )   
subsection 7e77#e74  4  7d7 ,cl]ical    
am5dm5ts  7#a7 ,! table ( sub*apt]s =   
*apt] #ch ( su* ,code is am5d$ by add+  
at ! end !re( ! foll[+ new item3        
,sub*apt] ,e4 ,tax on c>bon dioxide     
cont5t ( c]ta9 sub/ances  4  7#b7 ,!    
table ( sections = sub*apt] ,a ( *apt]  
#ih ( su* ,code is am5d$ by add+ at !   
end ! foll[+3  ,sec4 #ieab4 ,am]ica's   
,en]gy ,security ,tru/ ,fund4  4  7e7   
,effective date ,! am5dm5ts made by ?is 
section %all take effect on ! date ( !  
enactm5t ( ?is ,act4  #c4 ,c>bon tax    
rebate ( payroll tax  7a7 ,9 g5]al      
,subp>t ,c ( "p ,,iv ( sub*apt] ,a (    
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf 7relat+ to refundable cr$its7 is  
am5d$ by ins]t+ aft] section #cf;,b !   
foll[+ new section3  #cf;,c4 ,c>bon tax 
rebate ( payroll tax  7a7 ,9 g5]al ,9 ! 
case ( an individual1 !re %all be all[$ 
z a cr$it aga9/ ! tax impos$ by ?is     
subtitle = ! taxable ye> an am\nt equal 
to ! c>bon tax rebate4  7b7 ,c>bon tax  

rebate  7#a7 ,9 g5]al ,= purposes ( ?is 
section1 ! t]m c>bon tax rebate means ) 
respect to a taxable ye> ! individual's 
%>e ( ! am\nt det]m9$ by ! ,secret>y on 
a p] capita basis to be ! am\nt         
available "u section #ieab7;c77#c7 = !  
cal5d> ye> 9 :i* or ) :i* ! taxable ye> 
beg9s4  7#b7 ,det]m9ation bas$ on       
e/imates ,! det]m9ation "u p>agraph 7#a7
 %all be made on ! basis ( e/imates by !
 ,secret>y1 & prop] adju/m5ts %all be   
made 9 am\nts available "u section      
#ieab7;c77#c7 = ! succe$+ taxable ye> to
 ! ext5t prior e/imates 7 9 excess ( or 
less ?an ! am\nts actually available "u 
su* section = ! prior taxable ye>4  7c7 
,limitation bas$ on payroll taxes paid &
 ,social ,security b5efits  7#a7 ,9     
g5]al ,! am\nt all[$ z a cr$it "u       
subsection 7a7 ) respect to any         
individual = a taxable ye> %all n exce$ 
! great] (--  7,a7 ! total am\nt ( taxes
 paid ) respect to su* individual = su* 
taxable ye> "u section #adja & *apt]s   
#ba & #bb1 det]m9$ aft] tak+ into acc\nt

 any refund "u section #ca7;b7 &        
#fdac7;c71 or  7,b7 #aj p]c5t ( !       
aggregate am\nt ( social security       
b5efits 7)9 ! mean+ ( section #hf7;d77  
receiv$ by su* individual = ! taxable   
ye>4  7#b7 ,special rule = ,social      
,security b5efits receiv$ = less ?an #ab
 mon?s ,= purposes ( p>agraph 7#a77;,b71
 if ,social ,security b5efits 7z s      
def9$7 7 n receiv$ = ea* mon? 9 !       
taxable ye>1 su* b5efits %all be        
annualiz$ by multiply+ ! ,social        
,security b5efits receiv$ by #ab &      
divid+ ! result by ! numb] ( mon?s 9 su*
 taxable ye> = :i* su* b5efits 7        
receiv$4  7d7 ,d5ial ( cr$it to dep5d5ts
 ,no cr$it %all be all[$ "u subsection  
7a7 to an individual = su* individual's 
taxable ye> if a d$uction "u section    
#aea ) respect to su* individual is     
all[$ to ano!r taxpay] = a taxable ye>  
beg9n+ 9 ! cal5d> ye> 9 :i* su*         
individual's taxable ye> beg9s4  4  7b7 
,con=m+ am5dm5ts  7#a7 ,p>agraph 7#b7 ( 
section #acbd7;b7 ( title #ca1 ,unit$   

,/ates ,code1 is am5d$ by ins]t+ #cf;,c1
 aft] #cf;,b14  7#b7 ,! table ( sections
 = subp>t ,c ( "p ,,iv ( sub*apt] ,a (  
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by ins]t+ aft] ! item    
relat+ to section #cf;,c ! foll[+ new   
item3  ,sec4 #cf;,c4 ,c>bon tax rebate (
 payroll tax4  4  7c7 ,effective date ,!
 am5dm5ts made by ?is section %all apply
 to taxable ye>s beg9n+ aft] ,decemb]   
#ca1 #bjae4  #d4 ,/udy ( taxation (     
non-c>bon gre5h\se gases  7a7 ,9 g5]al  
,! ,secret>y ( ! ,treasury1 9           
consultation ) ! ,secret>y ( ,en]gy %all
 conduct a /udy ( ! be/ me?ods to assess
 & collect tax on non-c>bon gre5h\se    
gases simil> to ! tax impos$ by section 
#dfia ( ! ,int]nal ,rev5ue ,code ( #aihf
 7z add$ by ?is ,act74  7b7 ,report ,n  
lat] ?an #f mon?s aft] ! date ( !       
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury %all submit to ! ,congress !  
f9d+s ( ! report requir$ "u subsection  
7a7 toge!r ) su* legislative            
recomm5dations z ! ,secret>y det]m9e    

appropriate = ! assessm5t & collection (
 su* tax4  #e4 ,s5se ( ,congress ,x is !
 s5se ( ,congress t ! ,unit$ ,/ates %\ld
 "w proactively "u ! ,unit$ ,nations    
,framework ,conv5tion on ,climate ,*ange
 & 9 o!r appropriate =a to e/abli% b9d+ 
agreem5ts committ+ all major gre5h\se   
gas emitt+ nations & c\ntries ) globally
 competitive produc]s ( c>bon int5sive  
goods to contribute equitably to !      
r$uction ( global gre5h\se gas          
emissions4