,i #aaeth ,,congress #ast ,session ,h4 ,r4 #bjad ,,in ,,the ,,house ,,of ,,representatives ,april #f1 #bjag,mr4 ,delaney 7for himself1 ,mr4 ,cartwright1 and ,mr4 ,polis7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means1 and in addition to the ,committee on ,education and the ,workforce1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to impose an excise tax on greenhouse gas emissions4 #a4 ,short title ,this ,act may be cited as the ,tax ,pollution1 ,not ,profits ,act4 #b4 ,greenhouse gas emissions 7a7 ,in general ,chapter #ch of the ,internal ,revenue ,code of #aihf is amended by adding at the end thereof the following new subchapter3 ,e ,greenhouse ,gas ,emissions ,sec4 #dfia4 ,tax imposed on greenhouse gas emissions4 ,sec4 #dfib4 ,border adjustments4 ,sec4 #dfic4 ,definitions and other rules4 #dfia4 ,tax imposed on greenhouse gas emissions 7a7 ,in general ,there is hereby imposed a tax on greenhouse gas emissions from fossil fuel products and on greenhouse gas emissions from any person who is required to report emissions1 or to which emissions are attributed1 under subpart ,a of part #ih of title #dj1 ,code of ,federal ,regulations1 as in effect on the date of the enactment of the ,tax ,pollution1 ,not ,profits ,act1 and emitted not less than #be1jjj tons of carbon dioxide emissions or carbon dioxide equivalent emissions during the preceding calendar year4 7b7 ,application of tax ,the ,secretary shall apply to the person responsible for reporting under part #ih of title #dj1 ,code of ,federal ,regulations1 unless1 in consultation with the ,administrator of the ,environmental ,protection ,agency1 the ,secretary determines that applying the tax to a different person would be less burdensome and would not have the effect of increasing carbon dioxide equivalent emissions4 7c7 ,amount of tax ,in #bjah1 the amount of the tax will equal #cj per metric ton of carbon dioxide or carbon dioxide equivalent4 ,the amount in the preceding sentence shall be increased each subsequent year by #d percent above inflation1 as measured by the ,consumer ,price ,index for all urban consumers 7all items2 ,united ,states city average71 rounded up to the next whole dollar amount4 7d7 ,refund ,the ,secretary shall provide a refund equal to the tax per metric ton of carbon dioxide or carbon dioxide equivalent for the capture and permanent sequestration of greenhouse gas emissions or from the use of a fossil fuel in manufacturing which does not result in the emission of a greenhouse gas in a manner that can be reasonably assumed to permanently sequester the greenhouse gas content of the fossil fuel4 #dfib4 ,border adjustments 7a7 ,exports ,in the case of any good exported from the ,united ,states1 the ,secretary may provide an equivalency refund to the person exporting such good equal to the cost associated with the tax imposed in section #dfia4 7b7 ,imports ,in the case of any good imported into the ,united ,states that would have had an increased cost imposed by section #dfia had that good been produced in the ,united ,states1 the ,secretary may impose an equivalency fee on the person importing such good equivalent to the tax that would have been imposed under section #dfia at any point in the supply chain of that good1 had that good been produced in the ,united ,states4 7c7 ,regulatory authority ,the ,secretary shall consult with the ,administrator of the ,environmental ,protection ,agency1 the ,united ,states ,trade ,representative1 and the ,secretary of ,energy in establishing rules and regulations implementing the purposes of this section4 #dfic4 ,definitions and other rules 7a7 ,definitions ,for purposes of this subchapter-- 7b7 ,carbon dioxide equivalent ,the term carbon dioxide equivalent means1 for each greenhouse gas1 the quantity of greenhouse gas that the ,administrator of the ,environmental ,protection ,agency determines makes the same contribution to global warming as #a metric ton of carbon dioxide4 7c7 ,greenhouse gas ,the term greenhouse gas means any of the following3 7#a7 ,carbon dioxide4 7#b7 ,methane4 7#c7 ,nitrous oxide4 7#d7 ,sulfur hexafluoride4 7#e7 ,hydrofluorocarbons4 7#f7 ,perfluorocarbons4 7d7 ,regulations ,the ,secretary shall prescribe such regulations as may be necessary to carry out the provisions of this subchapter1 including1 in consultation with the ,administrator of the ,environmental ,protection ,agency1 defining permanent sequestration of greenhouse gas emissions and specifying under what conditions the use of a fossil fuel in manufacturing which does not result in the emission of a greenhouse gas in a manner that can be reasonably assumed to permanently sequester the greenhouse gas content of the fossil fuel for purposes of this section4 4 7b7 ,clerical amendment ,the table of subchapters for chapter #ch of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new item3 ,subchapter ,e4 ,greenhouse ,gas ,emissions 4 7c7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjag4 #c4 ,assistance to low income families 7a7 ,in general ,the ,social ,security ,act 7#db ,u4,s4,c4 #cja et seq47 is amended by adding at the end the following3 ,,xxii ,low-,income ,energy ,cost ,mitigation ,program #bbja4 ,low-,income ,energy ,cost ,mitigation ,program 7a7 ,in general ,the ,secretary1 in consultation with the ,commissioner of ,social ,security and the ,secretary of ,agriculture1 shall formulate and administer the program provided for in this section1 which shall be known as the ,low-,income ,energy ,cost ,mitigation ,program1 and under which eligible households are provided an energy refund4 7b7 ,eligibility of households ,to receive energy refund ,each eligible household shall be entitled to receive monthly cash payments under this section in an amount equal to the monthly energy refund amount determined under subsection 7d74 7c7 ,eligibility 7#a7 ,eligible households ,a household shall be considered to be an eligible household for purposes of this section if-- 7,a7 except as provided in subsection 7d77#d71 the gross income of the household does not exceed #bjj percent of the poverty line2 7,b7 the ,state agency for the ,state in which the household is located determines that the household is participating in-- 7i7 the ,supplemental ,nutrition ,assistance ,program authorized by the ,food and ,nutrition ,act of #bjjh 7#g ,u4,s4,c4 #bjaa et seq472 7ii7 the ,food ,distribution ,program on ,indian ,reservations authorized by section #d7;b7 of such ,act 7#g ,u4,s4,c4 #bjac7;b772 or 7iii7 the program for nutrition assistance in ,puerto ,rico or ,american ,samoa under section #ai of such ,act 7#g ,u4,s4,c4 #bjbh72 7,c7 the household consists of a single individual or a married couple1 and-- 7i7 receives the subsidy described in section #ahfj;,d-#ad of this ,act 7#db ,u4,s4,c4 #aciew-#aad72 or 7ii7 7,i7 participates in the program under title ,,xviii of this ,act2 and 7,,ii7 meets the income requirements described in section #ahfj;,d-#ad7;a77#a7 or 7a77#b7 of this ,act 7#db ,u4,s4,c4 #aciew-#aad7;a77#a7 or 7a77#b772 or 7,d7 the household consists of a single individual or a married couple1 and receives benefits under the supplemental security income program under title ,,xvi of this ,act 7#db ,u4,s4,c4 #acha-achc;f74 7#b7 ,limitation ,notwithstanding any other provision of law1 the ,secretary shall provide refunds to ,united ,states citizens1 ,united ,states nationals1 and individuals lawfully residing in the ,united ,states who qualify for a refund under paragraph 7#a77;,a71 and shall establish procedures to ensure that other individuals do not receive refunds4 7#c7 ,national standards ,the ,secretary shall consult with the ,secretary of ,agriculture and establish uniform national standards of eligibility ensuring that ,states may co-administer the energy refund program with the ,supplemental ,nutrition ,assistance ,program in accordance with the provisions of this section4 ,no ,state agency shall impose any other standard or requirement as a condition of eligibility or refund receipt under the program4 ,assistance in the ,energy ,refund ,program shall be furnished promptly to all eligible households who make application for such participation or are already enrolled in any program referred to in paragraph 7#a74 7d7 ,monthly energy refund amount 7#a7 ,estimated annual refund ,not later than #cj days after the date of the enactment of the ,tax ,pollution1 ,not ,profits ,act1 and each ,november #cj thereafter1 the ,energy ,information ,administration shall estimate1 pursuant to a method that is appropriate for such purposes1 the annual total loss in purchasing power that will result from subchapter ,e of chapter #ch of the ,internal ,revenue ,code of #aihf 7relating to excise tax on carbon dioxide and other greenhouse gas emissions7 in the next calendar year for households of each size with gross income equal to #aej percent of the poverty line1 based on the projected total market value of all compliance costs1 excluding the amount of the increase in households' energy consumption that is financed by higher cost of living adjustments to ,federal benefits that result from increased carbon costs4 7#b7 ,monthly energy refund ,subject to paragraph 7#c71 the amount of the monthly energy refund for an eligible household under this section shall be-- 7,a7 if the household has #a1 #b1 #c1 or #d members1 #a_/ab of the amount estimated under paragraph 7#a7 for such calendar year for a household of the same size1 rounded to the nearest whole dollar amount2 or 7,b7 if the household has #e or more members1 #a_/ab of the arithmetic mean value of the amounts estimated under paragraph 7#a7 for such calendar year for households with #e or more members1 rounded to the nearest whole dollar amount4 7#c7 ,phaseout ,in any case in which the gross income of an eligible household exceeds #aej percent of the poverty line applicable to such household1 the refund determined under paragraph 7#b7 shall be reduced ratably 7but not below zero7 by #b percentage points for each percentage point that the gross income exceeds #aej percent of such poverty line4 7#d7 ,extension of phaseout into middle class 7,a7 ,determination ,not later than #cj days after the date of the enactment of the ,tax ,pollution1 ,not ,profits ,act1 and each ,november #cj thereafter1 the ,secretary shall estimate for the next calendar year the amount of revenues to be received in the general fund of the ,treasury by reason of subchapter ,e of chapter #ch 7relating to carbon dioxide and other greenhouse gas emissions7 and the expenditures during such calendar year to carry out the ,tax ,pollution1 ,not ,profits ,act and the amendments made by such ,act4 7,b7 ,modified phaseout ,if such revenues exceed such expenditures1 then-- 7i7 for such calendar year the phaseout in paragraph 7#c7 shall be applied by substituting for #b percentage points the percentage determined by the ,secretary to extend the phaseout under paragraph 7#c7 in such a manner as to reduce such excess to zero1 and 7ii7 in the case of households the gross income of which exceeds #bjj percent of the poverty line1 ,secretary may under regulations allow a credit under subpart ,c of part ,,iv of subchapter ,a of chapter #a of the ,internal ,revenue ,code of #aihf for the aggregate of the monthly energy refunds4 7e7 ,delivery mechanism 7#a7 ,subject to standards and an implementation schedule set by the ,secretary1 the energy refund shall be provided in monthly installments via-- 7,a7 direct deposit into the eligible household's designated bank account2 7,b7 the ,state's electronic benefit transfer system2 or 7,c7 another ,federal or ,state mechanism1 if such a mechanism is approved by the ,secretary4 7#b7 ,the standards described under paragraph 7#a7 shall-- 7,a7 protect the privacy of energy refund applicants and recipients2 7,b7 provide energy refund recipients with choices1 as appropriate1 for delivery and receipt of refunds2 7,c7 ensure ease of use and access to refunds1 including a prohibition on any fees charged for withdrawals or other related services2 7,d7 protect1 in a cost-effective manner1 against improper access to energy refunds2 7,e7 ensure interoperability of the ,energy ,refund ,program between ,states and permit monitoring and investigations by authorized law enforcement agencies2 and 7,f7 include such standards1 as determined appropriate by the ,secretary1 to protect applicant and recipient households from fraud and abuse and promote effective and efficient administration of ,energy ,refund ,program4 7f7 ,administration 7#a7 ,in general ,the ,state agency of each participating ,state shall assume responsibility for the certification of applicant households and for the issuance of refunds and the control and accountability thereof4 7#b7 ,administrative costs ,subject to such standards as determined appropriate by the ,secretary1 the ,secretary shall reimburse each ,state agency for #ajj percent of administrative costs4 7#c7 ,procedures ,under standards established by the ,secretary1 the ,state agency shall establish procedures governing the administration of the ,energy ,refund ,program that the ,state agency determines best serve households in the ,state1 including households with special needs1 such as households with elderly or disabled members1 households in rural areas1 homeless individuals1 and households residing on reservations as defined in the ,indian ,child ,welfare ,act of #aigh and the ,indian ,financing ,act of #aigd4 ,in carrying out this paragraph1 a ,state agency-- 7,a7 shall provide timely1 accurate1 and fair service to applicants for1 and participants in1 the ,energy ,refund ,program2 7,b7 shall permit an applicant household to apply to participate in the program at the time that the household first contacts the ,state agency1 and shall consider an application that contains the name1 address1 and signature of the applicant to be sufficient to constitute an application for participation2 7,c7 shall screen any applicant household for the ,supplemental ,nutrition ,assistance ,program1 the ,state's medical assistance program under section ,,xix of this ,act1 the ,children's ,health ,insurance ,program under section ,,xxi of this ,act1 and a ,state program that provides basic assistance under a ,state program funded under title ,,iv of this ,act or with qualified ,state expenditures as defined in section #dji7;a77#g7 of this ,act for eligibility for the ,energy ,refund ,program and1 if eligible1 shall enroll such applicant household in the ,energy ,refund ,program2 7,d7 shall complete certification of and provide a refund to any eligible household not later than #cj days following its filing of an application2 7,e7 shall use appropriate bilingual personnel and materials in the administration of the program in those portions of the ,state in which a substantial number of members of low-income households speak a language other than ,english2 and 7,f7 shall utilize ,state agency personnel who are employed in accordance with the current standards for a ,merit ,system of ,personnel ,administration or any standards later prescribed by the ,office of ,personnel ,management pursuant to section #bjh of the ,intergovernmental ,personnel ,act of #aigj 7#db ,u4,s4,c4 #dgbh7 modifying or superseding such standards relating to the establishment and maintenance of personnel standards on a merit basis to make all tentative and final determinations of eligibility and ineligibility4 7#d7 ,streamlined eligibility for certain beneficiaries of ,federal programs 7,a7 ,in general ,the ,secretary1 the ,commissioner of ,social ,security1 the ,railroad ,retirement ,board1 or the ,secretary of ,veterans ,affairs shall develop procedures to directly provide energy refunds to individuals that are beneficiaries under the benefit programs administered by such entities and are eligible to receive such refunds under the ,energy ,refund ,program1 if the ,secretary determines1 in consultation with the ,commissioner of ,social ,security1 the ,railroad ,retirement ,board1 and the ,secretary of ,veterans ,affairs1 that-- 7i7 one or more of such entities are able to determine the gross income of such beneficiaries for purposes of determining eligibility for the energy refund2 7ii7 such entities are able to coordinate to ensure that such beneficiaries do not receive multiple energy refunds2 and 7iii7 ,federal provision of energy refunds would be more efficient and result in receipt of energy refunds by a greater number of eligible beneficiaries than delivery of such refunds by the ,states4 7,b7 ,receipt of refunds ,any low-income beneficiary who receives an energy refund pursuant to the procedures developed under this paragraph shall not be eligible for an energy refund otherwise provided by a ,state agency under this section4 7#e7 ,regulations 7,a7 ,except as provided in subparagraph 7,b71 the ,secretary shall issue such regulations consistent with this section as the ,secretary deems necessary or appropriate for the effective and efficient administration of the ,energy ,refund ,program1 and shall promulgate all such regulations in accordance with the procedures set forth in section #eec of title #e1 ,united ,states ,code4 7,b7 ,without regard to section #eec of title #e of such ,code1 the ,secretary may by rule promulgate as final1 to be effective until not later than #b years after the date of the enactment of the ,tax ,pollution1 ,not ,profits ,act1 any procedures that are substantially the same as the procedures governing the ,supplemental ,nutrition ,assistance ,program in section #bgc4b1 #bgc4ab1 or #bgc4ae of title #g1 ,code of ,federal ,regulations4 7,c7 ,notwithstanding paragraphs 7#b7 and 7#c7 of subsection 7i71 the ,secretary shall promulgate regulations requiring streamlined eligibility determinations for some or all households which include individuals receiving medical assistance under a ,state plan approved under title ,,xix or ,,xxi of this ,act or individuals receiving premium credits for the purchase of qualified health insurance coverage pursuant to section #cf;,b of the ,internal ,revenue ,code of #aihf4 ,the regulations shall institute procedures whereby the gross income and family size information used for determining eligibility under such provisions serve as the basis for determining eligibility for the ,energy ,refund ,program4 7,d7 ,notwithstanding any other provision of this section1 the ,secretary may authorize ,states to provide benefits under this section on a quarterly basis if the ,secretary determines that the amount of the benefits that would be provided on a monthly basis to households is insufficient to be efficiently paid on a monthly basis in light of the administrative expenses of the ,energy ,refund ,program4 7#f7 ,controlling law ,for purposes of any administrative or judicial action or proceeding initiated by a household to a provision arising under this section1 including any procedures established by a ,state agency under paragraph 7#c7 or any regulations issued by the ,secretary under paragraph 7#d71 such action or proceeding shall be subject to the following conditions3 7,a7 ,limitation on recovery for wrongful or erroneous withholding of refunds ,any energy refunds that are determined to have been wrongfully or erroneously withheld from a household shall be restored for a period of not greater than #a year prior to the date that the underlying action or proceeding was filed1 or in the case of an action seeking review of a final ,state agency determination1 not more than #a year prior to the date of the filing of a request with the ,state for the restoration of such allotments or1 in either case1 not more than #a year prior to the date the ,state agency is notified or otherwise discovers the possible loss to a household4 7,b7 ,records ,any records maintained by a ,state agency under this section for the purpose of certification of applicant households1 the issuance of energy refunds1 or compliance with any requirements established by the ,secretary shall be made available to a household to the extent necessary to carry out such action or proceeding and consistent with the privacy standards established under subsection 7e77#b77;,a74 7,c7 ,regulations ,for purposes of any such administrative or judicial action1 all parties shall be required to comply with any substantive and procedural regulations established by the ,secretary for the operation of the ,energy ,refund ,program unless such regulations are not in accordance with law4 7g7 ,treatment ,the value of the refund provided under this section shall not be considered income or resources for any purpose under any ,federal1 ,state1 or local laws1 including1 but not limited to1 laws relating to an income tax1 or public assistance programs 7including1 but not limited to1 health care1 cash aid1 child care1 nutrition programs1 and housing assistance7 and no participating ,state or political subdivision thereof shall decrease any assistance otherwise provided an individual or individuals because of the receipt of a refund under this section4 7h7 ,program integrity ,for purposes of ensuring program integrity and complying with the requirements of the ,improper ,payment ,information ,act of #bjjb1 the ,secretary shall1 to the maximum extent possible1 rely on and coordinate with the quality control sample and review procedures of paragraphs 7#b71 7#c71 7#d71 and 7#e7 of section #af7;c7 of the ,food and ,nutrition ,act of #bjjh 7#g ,u4,s4,c4 #bjbe7;c774 7i7 ,definitions 7#a7 ,electronic benefit transfer system ,the term electronic benefit transfer system means a system by which household benefits or refunds defined under subsection 7e7 are issued from and stored in a central databank via electronic benefit transfer cards4 7#b7 ,gross income ,the term gross income means the gross income of a household that is determined in accordance with standards and procedures established under section #e of the ,food and ,nutrition ,act of #bjjh 7#g ,u4,s4,c4 #bjad7 and its implementing regulations4 7#c7 ,household 7,a7 ,the term household means-- 7i7 in subparagraphs 7,a7 and 7,b7 of subsection 7c77#a7 of this section1 except as provided in subparagraph 7,c7 of this paragraph1 an individual or a group of individuals who are a household under section #c7n7 of the ,food and ,nutrition ,act of #bjjh 7#g ,u4,s4,c4 #bjab7n772 7ii7 in subsection 7c77#a77;,c7 of this section1 a single individual or married couple that receives benefits under section #ahfj;,d-#ad of this ,act 7#db ,u4,s4,c4 #aciew-#aad7 and is not an institutionalized individual or couple 7as defined in section #aijb7q77#a77;,b772 and 7iii7 in subsection 7c77#a77;,d7 of this section1 a single individual or married couple that receives benefits under the supplemental security income program under title ,,xvi of this ,act 7#db ,u4,s4,c4 #acha-achc;f7 and is not an institutionalized individual or couple4 7,b7 ,the ,secretary shall establish rules for providing the energy refund in an equitable and administratively simple manner to households where the group of individuals who live together includes members not all of whom are described in a single clause of subparagraph 7,a71 or includes additional members not described in any such clause4 7,c7 ,the ,secretary shall establish rules regarding the eligibility and delivery of the energy refund to groups of individuals described in section #c7n77#d7 or 7#e7 of the ,food and ,nutrition ,act of #bjjh 7#g ,u4,s4,c4 #bjab7n774 7#d7 ,poverty line ,the term poverty line has the meaning given the term in section #fgc7b7 of the ,community ,services ,block ,grant ,act 7#db ,u4,s4,c4 #iijb7b771 including any revision required by that section4 7#e7 ,state ,the term ,state means the #ej ,states1 the ,district of ,columbia1 the ,commonwealth of ,puerto ,rico1 ,american ,samoa1 the ,united ,states ,virgin ,islands1 ,guam1 and the ,commonwealth of the ,northern ,mariana ,islands4 7#f7 ,state agency ,the term ,state agency means an agency of ,state government1 including the local offices thereof1 that has responsibility for administration of the #a or more federally aided public assistance programs within the ,state1 and in those ,states where such assistance programs are operated on a decentralized basis1 the term shall include the counterpart local agencies administering such programs4 7#g7 ,other terms ,other terms not defined in this title shall have the same meaning applied in the ,supplemental ,nutrition ,assistance ,program authorized by the ,food and ,nutrition ,act of #bjjh 7#g ,u4,s4,c4 #bjaa et seq47 unless the ,secretary finds for good cause that application of a particular definition would be detrimental to the purposes of the ,energy ,refund ,program4 7j7 ,state ,opt ,in ,the ,secretary shall carry out the requirements specified by this section for a ,state or ,state agency unless the ,state or ,state agency elects to carry out such requirements4 4 7b7 ,conforming amendment ,section #acbd7;b77#b7 of title #ca1 ,united ,states ,code1 is amended by inserting the following before the period at the end3 1 or under section #bbja7;d77#d77;,b77ii7 of the ,social ,security ,act4 #d4 ,assistance to displaced workers in the coal industry ,for a period of #aj years after the enactment of the ,tax ,pollution1 ,not ,profit ,act1 up to #b percent of the revenues generated under this ,act may be used by the ,secretary of ,labor to implement a program to assist workers in the coal industry that may be displaced as a result of the enactment of this ,act4 ,this assistance can take the form of the following3 7#a7 ,worker retraining4 7#b7 ,relocation expenses for those who move to find new employment4 7#c7 ,early retirement4 7#d7 ,health ,benefits4 7#e7 ,other assistance that the ,secretary determines appropriate4 #e4 ,reduction in corporate tax rate 7a7 ,in general ,section #aa7;b77#a7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by striking subparagraphs 7,c7 and 7,d71 by inserting and at the end of subparagraph 7,b71 and by inserting after subparagraph 7,b7 the following3 7,c7 applicable percentage of so much of the taxable income as exceeds #ge1jjj4 1 7#b7 by striking #aa1gej and inserting applicable dollar amount1 and 7#c7 by striking the last sentence4 7b7 ,applicable percentage2 applicable dollar amount ,section #aa of such ,code is amended by adding at the end the following3 7e7 ,applicable percentage ,for purposes of this section-- 7#a7 ,applicable percentage ,the term applicable percentage means-- 7,a7 #cb percent in the case of taxable years beginning in #bjah1 7,b7 #ca percent in the case of taxable years beginning in #bjai1 7,c7 #cj percent in the case of taxable years beginning in #bjbj1 7,d7 #bi percent in the case of taxable years beginning in #bjba1 and 7,e7 #bh percent in the case of taxable years beginning after #bjba4 7#b7 ,applicable dollar amount ,the term applicable dollar amount means-- 7,a7 #f1gej in the case of taxable years beginning in #bjah1 7,b7 #e1ejj in the case of taxable years beginning in #bjai1 7,c7 #e1jjj in the case of taxable years beginning in #bjbj1 7,d7 #d1ejj in the case of taxable years beginning in #bjba1 and 7,e7 #d1jjj in the case of taxable years beginning after #bjba4 4 7c7 ,conforming amendments 7#a7 ,section #aa7;b77#b7 of such ,code is amended by striking #ce percent and inserting the applicable percentage4 7#b7 ,section #abja7;a7 of such ,code is amended-- 7,a7 by striking #ce percent both places it appears and inserting the applicable percentage1 and 7,b7 by striking #b sentences and inserting sentence4 7#c7 ,section #adde7;e7 of such ,code is amended by striking #ce percent each places it occurs and inserting the applicable percentage4 7d7 ,effective date 7#a7 ,in general ,except as otherwise provided in this subsection1 the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjag4 7#b7 ,withholding ,the amendments made by subsection 7b77#d7 shall apply to distributions made after ,december #ca1 #bjag4 #f4 ,public disclosure of revenues and expenditures 7a7 ,establishment of website ,the ,secretary of the ,treasury1 or the ,secretary's designee1 shall establish a website for purposes of making the disclosures described in subsection 7b74 7b7 ,disclosures ,the ,secretary shall make publicly available1 on an ongoing basis and as frequently as possible1 information regarding the amount and sources of revenue attributable to this ,act and the amendments made by this ,act4