,,ii  #aae? ,,congress  #a/ ,session    
,s4 #afci  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #bf1 #bjag,mr4   
,:iteh\se 7= himself & ,mr4 ,s*atz7     
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to provide = c>bon
 dioxide & o!r gre5h\se gas emission    
fees1 r$uce ! rate ( ! corporate income 
tax1 provide tax cr$its to work]s1      
deliv] additional b5efits to retir$ &   
disabl$ ,am]icans1 & = o!r purposes4    
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,am]ican ,opportunity ,c>bon ,fee ,act
 ( #bjag4  ,i ,c>bon dioxide & o!r      
gre5h\se gas emission fees  #aja4 ,c>bon
 dioxide & o!r gre5h\se gas emission    
fees  7a7 ,9 g5]al ,*apt] #ch ( !       
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by add+ at ! end !re( ! foll[+ new      
sub*apt]3  ,e ,c>bon dioxide & o!r      
gre5h\se gas emission fees  ,sec4 #dfia4
 ,fee = c>bon dioxide emissions4,sec4   
#dfib4 ,fee on fluor9at$ gre5h\se       

gases4,sec4 #dfic4 ,fee = o!r gre5h\se  
gas emissions4,sec4 #dfid4 ,associat$   
emissions4,sec4 #dfie4 ,bord] adju/m5ts 
= en]gy-int5sive manufactur$ goods4,sec4
 #dfif4 ,def9itions & o!r rules4  #dfia4
 ,fee = c>bon dioxide emissions  7a7 ,9 
g5]al  7#a7 ,fossil fuel products       
produc+ c>bon emissions  7,a7 ,9 g5]al  
,!re is h]eby impos$ a fee 9 an am\nt   
equal to ! applicable am\nt at ! rate   
specifi$ 9 subp>agraph 7,b7 on--  7i7   
coal-- 7,i7 remov$ f any m9e 9 ! ,unit$ 
,/ates1 or  7,,ii7 ent]$ into ! ,unit$  
,/ates = consumption1 use1 or w>eh\s+1  
7ii7 petroleum products--  7,i7 remov$ f
 any ref9]y1  7,,ii7 remov$ f any       
t]m9al1 or  7,,iii7 ent]$ into ! ,unit$ 
,/ates = consumption1 use1 or w>eh\s+1 &
  7iii7 natural gas--  7,i7 ent]$ into  
any processor1 or  7,,ii7 ent]$ into !  
,unit$ ,/ates = consumption1 use1 or    
w>eh\s+4  7,b7 ,rate ,! rate specifi$ 9 
?is subp>agraph ) respect to any product
 describ$ 9 subp>agraph 7,a7 is an am\nt
 equal to ! applicable am\nt p] ton (   

c>bon dioxide t w\ld be emitt$ ?r\gh !  
combu/ion ( su* product 7z det]m9$ by ! 
,secret>y1 9 consultation ) ! ,secret>y 
( ,en]gy & ! ,adm9i/rator ( !           
,environm5tal ,protection ,ag5cy74  7#b7
 ,emissions attributable to o!r         
sub/ances ,!re is h]eby impos$ a fee 9  
an am\nt equal to ! applicable am\nt p] 
ton ( c>bon dioxide emitt$--  7,a7 f any
 facility :i*-- 7i7 is requir$ to report
 emissions1 or to :i* emissions are     
attribut$1 "u subp>t ,a ( "p #ih ( title
 #dj1 ,code ( ,f$]al ,regulations1 z 9  
effect on ! date ( ! enactm5t ( !       
,am]ican ,opportunity ,c>bon ,fee ,act (
 #bjag1 &  7ii7 emitt$ n less ?an       
#be1jjj tons ( c>bon dioxide emissions  
dur+ ! previ\s cal5d> ye>1 &  7,b7 by   
reason ( ! combu/ion or process+ ( any  
product o!r ?an coal1 petroleum         
products1 & natural gas4  7b7           
,applicable am\nt  7#a7 ,9 g5]al ,=     
purposes ( ?is "p1 ! applicable am\nt   
is-- 7,a7 = cal5d> ye> #bjah1 #di1  7,b7
 = any cal5d> ye> foll[+ a ye> :i* is n 

a national emissions t>get atta9m5t ye>1
 ! sum (--  7i7 ! product ( ! am\nt 9   
effect "u ?is subp>agraph = ! prec$+    
cal5d> ye> & #ajb p]c5t1 &  7ii7 !      
inflation adju/m5t am\nt det]m9$ "u     
p>agraph 7#b71 &  7,c7 = any cal5d> ye> 
foll[+ a ye> :i* is a national emissions
 t>get atta9m5t ye>1 ! sum (--  7i7 !   
am\nt 9 effect "u ?is subp>agraph = !   
prec$+ cal5d> ye>1 &  7ii7 ! inflation  
adju/m5t am\nt det]m9$ "u p>agraph 7#b74
  7#b7 ,inflation adju/m5t am\nt  7,a7  
,9 g5]al ,! inflation adju/m5t am\nt =  
any cal5d> ye> %all be an am\nt 7n less 
?an z]o7 equal to ! product (--  7i7 !  
am\nt det]m9$ "u p>agraph 7#a77;,b77i7  
or 7#a77;,c77i71 z applicable1 = su*    
ye>1 &  7ii7 ! p]c5tage by :i* ! ,,cpi =
 ! prec$+ cal5d> ye> exce$s ! ,,cpi = ! 
second prec$+ cal5d> ye>4  7,b7 ,,cpi   
,rules simil> to ! rules ( p>agraphs    
7#d7 & 7#e7 ( section #a7;f7 %all apply 
= purposes ( ?is p>agraph4  7#c7 ,r\nd+ 
,! applicable am\nt "u ?is subsection   
%all be r\nd$ up to ! next :ole doll>   

am\nt4  7#d7 ,national emissions t>get  
atta9m5t ye> ,= purposes ( p>agraph     
7#a71 a cal5d> ye> is a national        
emissions t>get atta9m5t ye> if ! level 
( gre5h\se gas emissions 9 ! ,unit$     
,/ates = ! cal5d> ye> does n exce$ #bj  
p]c5t ( ! level ( gre5h\se gas emissions
 9 ! ,unit$ ,/ates = cal5d> ye> #bjje z 
det]m9$ by ! ,secret>y 9 consultation ) 
! ,adm9i/rator ( ! ,environm5tal        
,protection ,ag5cy4  7c7 ,refunds =     
captur+ c>bon dioxide & production (    
c]ta9 goods  7#a7 ,c>bon dioxide        
capture1 utilization1 & /orage  7,a7 ,9 
g5]al ,9 ! case ( a p]son :o-- 7i7 uses 
any coal1 petroleum product1 or natural 
gas = :i* a fee has be5 impos$ "u       
subsection 7a77#a7 9 a mann] :i* results
 9 ! emission ( qualifi$ c>bon dioxide1 
7ii7 captures ! result+ emitt$ qualifi$ 
c>bon dioxide at a qualifi$ facility1 & 
7iii7 7,i7 disposes ( su* qualifi$ c>bon
 dioxide 9 secure /orage1 or  7,,ii7    
utilizes su* qualifi$ c>bon dioxide 9 a 
mann] provid$ 9 subp>agraph 7,d71  !re  

%all be all[$ a refund1 9 ! same mann] z
 if x 7 an ov]paym5t ( ! fee impos$ by  
su* subsection1 to su* p]son 9 am\nt    
det]m9$ "u subp>agraph 7,b74  7,b7      
,am\nt ( refund ,! am\nt ( ! refund "u  
?is subp>agraph is an am\nt equal to !  
product (--  7i7 ! applicable am\nt "u  
subsection 7b7 = ! cal5d> ye> 9 :i* su* 
qualifi$ c>bon dioxide 0 captur$ &      
dispos$ or utiliz$1 &  7ii7 ! adju/$    
tons ( qualifi$ c>bon dioxide captur$ & 
dispos$ or utiliz$4  7,c7 ,adju/$ total 
tons ,= purposes ( subp>agraph 7,b71 !  
adju/$ tons ( qualifi$ c>bon dioxide    
captur$ & dispos$ or utiliz$ %all be !  
total tons ( qualifi$ c>bon dioxide     
captur$ & dispos$ or utiliz$ r$uc$ by ! 
am\nt ( any anticipat$ leakage ( c>bon  
dioxide into ! atmosph]e due to imp]fect
 /orage te*nology or o!rwise1 z det]m9$ 
by ! ,secret>y 9 consultation ) !       
,adm9i/rator ( ! ,environm5tal          
,protection ,ag5cy4  7,d7 ,requirem5ts  
7i7 ,9 g5]al ,any refund "u subp>agraph 
7,a7 %all apply only ) respect to       

qualifi$ c>bon dioxide t has be5 captur$
 & dispos$ or utiliz$ )9 ! ,unit$       
,/ates4  7ii7 ,disposal & secure /orage 
7,i7 ,secure /orage ,! ,secret>y1 9     
consultation ) ! ,adm9i/rator ( !       
,environm5tal ,protection ,ag5cy & !    
,secret>y ( ,en]gy1 %all e/abli%        
regulations simil> to ! regulations "u  
section #de,q7d77#b7 = det]m9+ adequate 
security measures = ! secure /orage (   
qualifi$ c>bon dioxide = purposes (     
subp>agraph 7,a77iii77,i7 su* t ! c>bon 
dioxide does n escape into ! atmosph]e4 
,su* regulations %all ensure ! /or$     
c>bon dioxide may n be sold1 transf]r$1 
or export$ = any purpose t results 9 !  
emission ( c>bon dioxide4  7,,ii7       
,recapture ,! ,secret>y %all1 by        
regulations1 provide = recaptur+ !      
b5efit ( any refund made "u subp>agraph 
7,a7 ) respect to any qualifi$ c>bon    
dioxide :i* is dispos$ 9 secure /orage &
 ceases to be /or$ 9 a mann] consi/5t ) 
! requirem5ts ( ?is section4  7iii7     
,utilization ,! ,secret>y1 9            

consultation ) ! ,adm9i/rator ( !       
,environm5tal ,protection ,ag5cy1 %all  
e/abli% regulations provid+ = !         
appropriate me?ods & mann]s = !         
utilization ( qualifi$ c>bon dioxide "u 
subp>agraph 7,a77iii77,,ii71 includ+ !  
utilization ( captur$ c>bon dioxide =   
enhanc$ oil or gas recov]y & !          
production ( sub/ances su* z pla/ics1   
bi(uels1 algae1 & *emicals4 ,su*        
regulations %all provide = ! m9imization
 ( ! escape or fur!r emission ( !       
qualifi$ c>bon dioxide into ! atmosph]e4
  7,e7 ,qualifi$ c>bon dioxide2 qualifi$
 facility ,= purposes ( ?is p>agraph--  
7i7 ,qualifi$ c>bon dioxide ,! t]m      
qualifi$ c>bon dioxide has ! same mean+ 
giv5 t t]m "u section #de,q7b74  7ii7   
,qualifi$ facility ,! t]m qualifi$      
facility has ! same mean+ giv5 t t]m "u 
section #de,q7c71 det]m9$ )\t reg>d to  
p>agraph 7#c7 !re(4  7#b7 ,manufacture (
 c]ta9 goods ,9 ! case ( a p]son :o uses
 any coal1 petroleum product1 or natural
 gas = :i* a fee has be5 impos$ "u      

subsection 7a77#a7 z an input = a       
manufactur$ good t encapsulates c>bon   
dioxide 9 a mann] su* t x does n result 
9 ! direct emission ( c>bon dioxide 9 ! 
manufactur+ or subsequ5t use ( su* good1
 a refund %all be all[$ to su* p]son 9 !
 same mann] z if x 7 an ov]paym5t ( !   
fee impos$ by su* section 9 an am\nt t  
is equal to ! product (--  7,a7 an am\nt
 equal to ! applicable am\nt "u         
subsection 7b7 = ! cal5d> ye> 9 :i* su* 
product 0 us$1 &  7,b7 ! total tons (   
c>bon dioxide t w\ld h o!rwise be5      
emitt$ ?r\gh ! combu/ion ( su* product4 
7#c7 ,exports ,9 ! case ( a p]son :o    
exports any coal1 petroleum product1 or 
natural gas f ! ,unit$ ,/ates = :i* a   
fee has be5 impos$ "u subsection        
7a77#a71 a refund %all be all[$ to su*  
p]son 9 ! same mann] z if x 7 an        
ov]paym5t ( ! fee impos$ by su* section 
9 an am\nt t is equal to ! fee previ\sly
 impos$ "u su* subsection ) respect to  
su* product 7det]m9$ )\t reg>d to any   
increase "u section #dfid74  #dfib4 ,fee

 on fluor9at$ gre5h\se gases  7a7 ,9    
g5]al ,!re is h]eby impos$ a fee 9 an   
am\nt det]m9$ "u subsection 7b7 on      
fluor9at$ gre5h\se gases--  7#a7 produc$
 at a fluor9at$ gre5h\se gas production 
facility1  7#b7 import$ into ! ,unit$   
,/ates by a fluor9at$ gre5h\se gas      
import]1 or  7#c7 emitt$ by an indu/rial
 fluor9at$ gre5h\se gas facility4  7b7  
,am\nt ( fee ,! am\nt ( fee impos$ by   
subsection 7a7 %all be equal to !       
applicable p]c5tage 7z def9$ 9          
subsection 7c77#e77 ( ! applicable am\nt
 det]m9$ "u section #dfia7;b7 p] ton (  
c>bon dioxide equival5t produc$ or      
import$4  7c7 ,def9itions ,= purposes ( 
?is section-- 7#a7 ,fluor9at$ gre5h\se  
gases ,! t]m fluor9at$ gre5h\se gases   
means sulfur hexafluoride 7,,sf#f71     
nitrog5 trifluoride 7,,nf#c71 any       
hydr(luoroc>bon1 any p]fluoroc>bon1 any 
fully fluor9at$ l9e>1 bran*$ or cyclic  
alkane1 e!r1 t]ti>y am9e or am9oe!r1 any
 p]fluoropolye!r1 any hydr(luoropolye!r1
 & any o!r fluoroc>bon except =         

sub/ances ) vapor pressures ( less ?an  
#a mm ( ,hg absolute at #be degrees     
,celsius4  7#b7 ,fluor9at$ gre5h\se gas 
production facility ,! t]m fluor9at$    
gre5h\se gas production facility means  
any facility :i* is includ$ "u !        
indu/rial gas suppli] s\rce category "u 
subp>t ,,oo ( "p #ih ( title #dj1 ,code 
( ,f$]al ,regulations1 z 9 effect on !  
date ( ! enactm5t ( ! ,am]ican          
,opportunity ,c>bon ,fee ,act ( #bjag4  
7#c7 ,fluor9at$ gre5h\se gas import] ,! 
t]m fluor9at$ gre5h\se gas import] means
 any import] :o is includ$ "u-- 7,a7 !  
indu/rial gas suppli] s\rce category "u 
subp>t ,,oo ( "p #ih ( title #dj1 ,code 
( ,regulations1 z 9 effect on ! date ( !
 enactm5t ( ! ,am]ican ,opportunity     
,c>bon ,fee ,act ( #bjag1 or  7,b7 !    
s\rce category "u subp>t ,,qq ( su* "p  
7z s 9 effect74  7#d7 ,indu/rial        
fluor9at$ gre5h\se gas facility ,! t]m  
indu/rial gre5h\se gas facility means   
any facility :i*--  7,a7 is includ$ "u--
 7i7 ! alum9um production s\rce category

 "u subp>t ,f ( "p #ih ( title #dj1     
,code ( ,regulations1 z 9 effect on !   
date ( ! enactm5t ( ! ,am]ican          
,opportunity ,c>bon ,fee ,act ( #bjag1  
7ii7 ! ,,hcfc-#bb production & ,,hfc-#bc
 de/ruction s\rce category "u subp>t ,o 
( su* "p 7z s 9 effect71 or  7iii7 !    
fluor9at$ gas production s\rce category 
"u subp>t ,l ( su* "p 7z s 9 effect71 & 
7,b7 emitt$ dur+ ! previ\s cal5d> ye>   
fluor9at$ gre5h\se gases ) a total c>bon
 dioxide equival5t ( n less ?an #be1jjj 
tons4  7#e7 ,applicable p]c5tage ,! t]m 
applicable p]c5tage means ! p]c5tage    
det]m9$ 9 accordance ) ! foll[+ table3  
,9 ! case ( any taxable ye> beg9n+ 9    
cal5d> ye>3,! applicable p]c5tage       
is3#bjah1 #bjai1 or #bjbjaj p]c5t#bjbabj
 p]c5t#bjbbcj p]c5t#bjbcdj p]c5t#bjbdej 
p]c5t#bjbefj p]c5t#bjbfgj p]c5t#bjbghj  
p]c5t#bjbhij p]c5t#bjbi or !reaft]#ajj  
p]c5t4  7d7 ,exemption = exports ,=     
purposes ( det]m9+ fluor9at$ gre5h\se   
gases produc$ or import$ "u subsection  
7a71 !re %all n be tak5 into acc\nt any 

fluor9at$ gre5h\se gases export$ f !    
,unit$ ,/ates 9 bulk or export$ f !     
,unit$ ,/ates 9 equipm5t pre-*>g$ )     
fluor9at$ gre5h\se gases or conta9+     
fluor9at$ gre5h\se gases 9 clos$ cell   
foams4  7e7 ,refund = ,consumptive ,uses
 & ,de/ruction ,9 ! case ( a p]son :o   
uses any fluor9at$ gre5h\se gas = :i* a 
fee has be5 impos$ "u p>agraph 7#a7 or  
7#b7 ( subsection 7a7 z an input = a    
manufactur$ good t trans=ms ! fluor9at$ 
gre5h\se gas su* t x _c lat] be emitt$  
or o!rwise de/roys ! gas 7)\t           
emissions71 a refund %all be all[$ to   
su* p]son 9 ! same mann] z if x 7 an    
ov]paym5t ( ! fee impos$ by su*         
subsection 9 an am\nt t is equal to !   
product (--  7#a7 an am\nt equal to !   
applicable p]c5tage 7z def9$ 9          
subsection 7c77#e77 ( ! applicable am\nt
 "u section #dfia7;b71 = ! cal5d> ye> 9 
:i* su* fluor9at$ gre5h\se gas 0 us$ or 
de/roy$1 &  7#b7 ! excess 7if any7 (--  
7,a7 ! total c>bon dioxide equival5t ( !
 fluor9at$ gre5h\se gases us$ or        

de/roy$1 ov]  7,b7 ! total c>bon dioxide
 equival5t ( any fluor9at$ gre5h\se     
gases creat$ z ! result ( ! trans=mation
 or de/ruction process4  #dfic4 ,fee =  
o!r gre5h\se gas emissions  7a7 ,9 g5]al
 ,!re is h]eby impos$ a fee 9 an am\nt  
det]m9$ "u subsection 7b7 on ! emission 
7includ+ attribut$ emissions7 ( any     
gre5h\se gas 7o!r ?an c>bon dioxide or  
fluor9at$ gre5h\se gases7 f any gre5h\se
 gas emissions s\rce4  7b7 ,am\nt ( fee 
,! am\nt ( fee impos$ by subsection 7a7 
%all be equal to ! applicable am\nt     
det]m9$ "u section #dfia7;b7 p] ton (   
c>bon dioxide equival5t emitt$ by !     
gre5h\se gas emissions s\rce4  7c7      
,gre5h\se gas emissions s\rce ,! t]m    
gre5h\se gas emissions s\rce means any  
facility :i*-- 7#a7 is requir$ to report
 emissions 7or :i* w\ld be requir$ to   
report emissions not)/&+ any o!r        
provision ( law prohibit+ !             
implem5tation ( or use ( funds = su*    
requirem5ts71 or to :i* emissions are   
attribut$1 "u "p #ih ( title #dj1 ,code 

( ,f$]al ,regulations1 z 9 effect on !  
date ( ! enactm5t ( ! ,am]ican          
,opportunity ,c>bon ,fee ,act ( #bjag1 &
  7#b7 emitt$ dur+ ! previ\s cal5d> ye> 
gre5h\se gases 7n includ+ c>bon dioxide 
or fluor9at$ gre5h\se gases7 at a rate  
equal to ! c>bon dioxide equival5t ( n  
less ?an #be1jjj tons4  #dfid4          
,associat$ emissions  7a7 ,report+      
program  7#a7 ,9 g5]al ,n lat] ?an      
,janu>y #a1 #bjbj1 ! ,secret>y1 9       
consultation ) ! ,adm9i/rator ( !       
,environm5tal ,protection ,ag5cy1 !     
,secret>y ( ! ,int]ior1 ! ,adm9i/rator (
 ! ,en]gy ,in=mation ,adm9i/ration1 & ! 
,adm9i/rator ( ! ,pipel9e & ,haz>d\s    
,mat]ials ,safety ,adm9i/ration1 %all   
e/abli% & implem5t a program to id5tify 
all major s\rce categories ( associat$  
emissions & collect data on associat$   
emissions f ! coal1 petroleum products1 
& natural gas supply *a9s4  7#b7 ,annual
 report ,n lat] ?an #ab mon?s aft] !    
date t ! ,secret>y implem5ts ! program  
describ$ 9 p>agraph 7#a71 & annually    

!reaft]1 ! ,secret>y %all issue a       
report1 to be made available to ! public
 & ! appropriate committees ( ,congress1
 on associat$ emissions1 includ+--  7,a7
 id5tification ( all major s\rce        
categories ( associat$ emissions1 &     
7,b7 ! total am\nt1 express$ 9 tons (   
c>bon dioxide equival5t1 (--  7i7 me?ane
 & o!r gre5h\se gases emitt$ across !   
coal supply *a9 )9 ! ,unit$ ,/ates dur+ 
! prec$+ cal5d> ye>1  7ii7 me?ane & o!r 
gre5h\se gases emitt$ across ! petroleum
 products supply *a9 )9 ! ,unit$ ,/ates 
dur+ ! prec$+ cal5d> ye>1 &  7iii7      
me?ane & o!r gre5h\se gases emitt$      
across ! natural gas supply *a9 )9 !    
,unit$ ,/ates dur+ ! prec$+ cal5d> ye>4 
7b7 ,supplem5t>y fee = associat$        
emissions  7#a7 ,coal ,9 ! case ( any   
cal5d> ye> beg9n+ aft] #bjbj1 ! fee     
impos$ "u section #dfia7;a77#a7 )       
respect to coal %all be increas$ by !   
am\nt det]m9$ by ! ,secret>y 79         
consultation ) ! ,adm9i/rator ( !       
,environm5tal ,protection ,ag5cy7       

necess>y to ensure t ! total fees       
collect$ "u su* section ) respect to    
coal are equal to ! total am\nt ( su*   
fees t w\ld be collect$ on coal if ! fee
 impos$ "u section #dfia7;a77#a7 also   
appli$ to ! c>bon-dioxide equival5t (   
gre5h\se gas emissions report$ "u       
subsection 7a77#b77;,b77i74  7#b7       
,petroleum products ,9 ! case ( any     
cal5d> ye> beg9n+ aft] #bjbj1 ! fee     
impos$ "u section #dfia7;a77#a7 )       
respect to petroleum products %all be   
increas$ by ! am\nt det]m9$ by !        
,secret>y 79 consultation ) !           
,adm9i/rator ( ! ,environm5tal          
,protection ,ag5cy7 necess>y to ensure t
 ! total fees collect$ "u su* section ) 
respect to petroleum products are equal 
to ! total am\nt ( su* fees t w\ld be   
collect$ on petroleum products if ! fee 
impos$ "u section #dfia7;a77#a7 also    
appli$ to ! c>bon-dioxide equival5t (   
gre5h\se gas emissions report$ "u       
subsection 7a77#b77;,b77ii74  7#c7      
,natural gas ,9 ! case ( any cal5d> ye> 

beg9n+ aft] #bjbj1 ! fee impos$ "u      
section #dfia7;a77#a7 ) respect to      
natural gas %all be increas$ by ! am\nt 
det]m9$ by ! ,secret>y 79 consultation )
 ! ,adm9i/rator ( ! ,environm5tal       
,protection ,ag5cy7 necess>y to ensure t
 ! total fees collect$ "u su* section ) 
respect to natural gas are equal to !   
total am\nt ( su* fees t w\ld be        
collect$ on natural gas if ! fee impos$ 
"u section #dfia7;a77#a7 also appli$ to 
! c>bon-dioxide equival5t ( gre5h\se gas
 emissions report$ "u subsection        
7a77#b77;,b77iii74  #dfie4 ,bord]       
adju/m5ts = en]gy-int5sive manufactur$  
goods  7a7 ,purpose ,! purpose ( ?is    
section is to ensure ! environm5tal     
effectiv5ess ( ?is sub*apt]4  7b7       
,exports  7#a7 ,9 g5]al ,9 ! case ( any 
en]gy-int5sive manufactur$ good :i* is  
export$ f ! ,unit$ ,/ates1 ! ,secret>y  
%all pay to ! p]son export+ su* good a  
refund equal to ! am\nt ( ! co/ ( su*   
good attributable to any fees impos$ "u 
?is sub*apt] on inputs us$ 9 !          

manufactur+ ( su* en]gy-int5sive        
manufactur$ good 7z det]m9$ "u          
regulations e/abli%$ by ! ,secret>y74   
7#b7 ,r$uction 9 refund ,! am\nt ( !    
refund "u p>agraph 7#a7 %all be r$uc$ by
 ! am\nt1 if any1 ( fees impos$ on su*  
goods or comp>able dome/ically produc$  
en]gy-int5sive manufactur$ goods by !   
=eign nation or gov]nm5tal unit to :i*  
su* good is export$4  7c7 ,imports  7#a7
 ,imposition ( equival5cy fee ,9 ! case 
( any en]gy-int5sive manufactur$ good   
import$ into ! ,unit$ ,/ates1 !re is    
impos$ an equival5cy fee on ! p]son     
import+ su* good 9 an am\nt equal to !  
co/ ( su* good :i* w\ld be attributable 
to any fees impos$ "u ?is sub*apt] on   
inputs us$ 9 ! manufactur+ ( su* good if
 ! inputs us$ 9 manufactur+ su* good 7  
subject to su* fees 7z det]m9$ "u       
regulations e/abli%$ by ! ,secret>y74   
7#b7 ,r$uction 9 fee ,! am\nt ( !       
equival5cy fee "u p>agraph 7#a7 %all be 
r$uc$ by ! am\nt1 if any1 ( any fees    
impos$ on su* en]gy-int5sive manufactur$

 goods by ! =eign nation or gov]nm5tal  
units f :i* su* good 0 import$4  7d7    
,treatm5t ( alt]native policies z fees  
,"u regulations e/abli%$ by ! ,secret>y1
 =eign policies t h sub/antially ! same 
effect 9 r$uc+ emissions ( gre5h\se     
gases z fees %all be treat$ z fees =    
purposes ( subsections 7b77#b7 &        
7c77#b74  7e7 ,regulatory au?ority  7#a7
 ,9 g5]al ,! ,secret>y %all consult ) ! 
,adm9i/rator ( ! ,environm5tal          
,protection ,ag5cy & ! ,secret>y (      
,en]gy 9 e/abli%+ rules & regulations   
implem5t+ ! purposes ( ?is section4     
7#b7 ,treaties ,! ,secret>y1 9          
consultation ) ! ,secret>y ( ,/ate1 may 
adju/ ! applicable am\nts ( ! refunds & 
equival5cy fees "u ?is section 9 a mann]
 t is consi/5t ) any obligations ( !    
,unit$ ,/ates "u an int]national        
agreem5t4  #dfif4 ,def9itions & o!r     
rules  7a7 ,def9itions ,= purposes ( ?is
 sub*apt]3 7#a7 ,c>bon dioxide equival5t
 ,! t]m c>bon dioxide equival5t means1 )
 respect to a gre5h\se gas1 ! quantity (

 su* gas t has a global w>m+ pot5tial   
equival5t to #a metric ton ( c>bon      
dioxide1 z det]m9$ pursuant to table    
,a-#a ( subp>t ,a ( "p #ih ( title #dj1 
,code ( ,f$]al ,regulations1 z 9 effect 
on ! date ( ! enactm5t ( ! ,am]ican     
,opportunity ,c>bon ,fee ,act ( #bjag4  
7#b7 ,gre5h\se gas ,! t]m gre5h\se gas  
has ! mean+ giv5 su* t]m "u section     
#baa7o77#a77;,g7 ( ! ,clean ,air ,act1 z
 9 effect on ! date ( ! enactm5t ( !    
,am]ican ,opportunity ,c>bon ,fee ,act (
 #bjag4  7#c7 ,coal ,! t]m coal has !   
same mean+ giv5 su* t]m "u section      
#dh;,a7c77#d74  7#d7 ,petroleum product 
,! t]m petroleum product has ! same     
mean+ giv5 su* product "u section       
#dfab7;a77#c74  7#e7 ,associat$         
emissions ,! t]m associat$ emissions    
means gre5h\se gas emissions            
attributable to v5t+1 fl>+1 & leakage   
across ! supply *a94  7#f7 ,supply *a9  
,! t]m supply *a9 means extraction &    
process+ ( coal & natural gas1          
extraction & ref9+ ( petroleum products1

 & ! transmission1 transport1 /orage1   
di/ribution1 import1 export1 & o!r      
activities relat$ to supply+ coal1      
petroleum products1 & natural gas to a  
consum]1 n o!rwise cov]$ else:]e 9 ?is  
sub*apt] z det]m9$ by ! ,adm9i/rator ( !
 ,environm5tal ,protection ,ag5cy4  7#g7
 ,en]gy-int5sive manufactur$ good  7,a7 
,9 g5]al ,! t]m en]gy-int5sive          
manufactur$ good means any manufactur$  
good 7o!r ?an any petroleum product or  
fossil fuel7 = :i* n less ?an #e p]c5t (
 ! co/ ( :i* is attributable to en]gy   
co/s1 z det]m9$ by ! ,secret>y4  7,b7   
,li/ ( en]gy-int5sive manufactur$ goods 
7i7 ,initial li/ ,n lat] ?an #ahj days  
aft] ! date ( ! enactm5t ( ?is ,act1 !  
,secret>y %all publi% a li/ ( goods :i* 
qualify z en]gy-int5sive manufactur$    
goods4  7ii7 ,updates ,n less frequ5tly 
?an annually1 ! ,secret>y %all update ! 
li/ publi%$ "u ?is subp>agraph4  7#h7   
,ton  7,a7 ,9 g5]al ,! t]m ton means    
#a1jjj kilograms4 ,9 ! case ( any       
gre5h\se gas :i* is a gas1 ! t]m ton    

means ! am\nt ( su* gas 9 cubic met]s   
:i* is ! equival5t ( #a1jjj kilograms on
 a molecul> weight basis4  7,b7         
,fractional "p ( ton ,9 ! case ( a      
fraction ( a ton1 any fee impos$ by ?is 
sub*apt] on su* fraction %all be ! same 
fraction ( ! am\nt ( su* fee impos$ on a
 :ole ton4  7#i7 ,unit$ ,/ates ,! t]m   
,unit$ ,/ates has ! mean+ giv5 su* t]m  
by section #dfab7;a77#d74  7b7 ,o!r     
rules  7#a7 ,assessm5t & collection     
,paym5t ( ! fee impos$ by sections      
#dfia1 #dfib1 & #dfic %all be assess$ & 
collect$ 9 ! same mann] z taxes "u ?is  
subtitle4  7#b7 ,regulations ,!         
,secret>y %all prescribe su* regulations
 z may be necess>y to c>ry out !        
provisions ( ?is sub*apt]4  4  7b7      
,cl]ical am5dm5t ,! table ( sub*apt]s = 
*apt] #ch ( ! ,int]nal ,rev5ue ,code (  
#aihf is am5d$ by add+ at ! end ! foll[+
 new item3  ,,sub*apt] ,e--,c>bon       
dioxide & o!r gre5h\se gas emission fees
  4  7c7 ,effective date ,! am5dm5ts    
made by ?is section %all apply to       

taxable ye>s beg9n+ aft] ,decemb] #ca1  
#bjag4  ,,ii ,return+ fee rev5ue to !   
,am]ican p  #bja4 ,r$uction 9 corporate 
tax rate  7a7 ,9 g5]al ,section #aa7;b7 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$--  7#a7 by ins]t+ & at ! end (    
subp>agraph 7,b72  7#b7 by /rik+        
subp>agraphs 7,c7 & 7,d7 & ins]t+ !     
foll[+3  7,c7 #bi p]c5t ( s mu* ( !     
taxable income z exce$s #ge1jjj4  2     
7#c7 by /rik+ #aa1gej 9 ! second s5t5ce 
& ins]t+ #h1jjj2 &  7#d7 by /rik+ ! la/ 
s5t5ce4  7b7 ,con=m+ am5dm5ts  7#a7     
,p>agraph 7#b7 ( section #aa7;b7 ( !    
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ #ce p]c5t & ins]t+ #bi p]c5t4  
7#b7 ,p>agraphs 7#a7 & 7#b7 ( section   
#adde7;e7 ( su* ,code are ea* am5d$ by  
/rik+ #ce p]c5t & ins]t+ #bi p]c5t4     
7#c7 ,subp>agraph 7,a7 ( section        
#geah7;g77#f7 ( su* ,code is am5d$ by   
/rik+ #cd p]c5t & ins]t+ #bi p]c5t4     
7#d7 ,p>agraph 7#b7 ( section #eceaa7;f7
 ( title #df1 ,unit$ ,/ates ,code1 is   
am5d$ by /rik+ #cd p]c5t & ins]t+ #bi   

p]c5t4  7c7 ,effective dates  7#a7 ,9   
g5]al ,except z provid$ 9 p>agraph 7#b71
 ! am5dm5ts made by ?is section %all    
apply to taxable ye>s beg9n+ aft]       
,decemb] #ca1 #bjag4  7#b7 ,)hold+ ,!   
am5dm5ts made by subsection 7b77#b7 %all
 take effect on ,janu>y #a1 #bjah4      
#bjb4 ,e/abli%m5t ( refundable cr$it =  
work]s  7a7 ,9 g5]al ,subp>t ,c ( "p    
,,iv ( sub*apt] ,a ( *apt] #a ( !       
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ aft] section #cf ! foll[+ new 
section3  #cf;,a4 ,c>bon fee (fset cr$it
  7a7 ,9 g5]al ,9 ! case ( an eligible  
individual1 !re %all be all[$ z a cr$it 
aga9/ ! tax impos$ by ?is subtitle = !  
taxable ye> an am\nt equal to ! less]   
(--  7#a7 #f4b p]c5t ( ! e>n$ income ( !
 taxpay]1 or  7#b7 #eej 7twice su* am\nt
 9 ! case ( a jo9t return74  7b7        
,eligible individual ,= purposes ( ?is  
section1 ! t]m eligible individual means
 any individual o!r ?an-- 7#a7 any      
nonresid5t ali5 individual1  7#b7 any   
individual ) respect to :om a d$uction  

"u section #aea is all[able to ano!r    
taxpay] = a taxable ye> beg9n+ 9 !      
cal5d> ye> 9 :i* ! individual's taxable 
ye> beg9s1 &  7#c7 any individual :o1 = 
! mon? ( ,decemb] ( ! taxable ye>1 0    
entitl$ to or eligible = a b5efit paym5t
 describ$ 9 p>agraph 7#a7 or 7#b7 (     
section #bjc7;b7 ( ! ,am]ican           
,opportunity ,c>bon ,fee ,act ( #bjag4  
7c7 ,e>n$ income  7#a7 ,9 g5]al ,=      
purposes ( ?is section1 ! t]m e>n$      
income has ! mean+ giv5 su* t]m by      
section #cb7;c77#b71 except t su* t]m   
%all n include net e>n+s f              
self-employm5t :i* are n tak5 into      
acc\nt 9 comput+ taxable income4  7#b7  
,c]ta9 combat zone comp5sation ,=       
purposes ( p>agraph 7#a71 any am\nt     
exclud$ f gross income by reason (      
section #aab %all be treat$ z e>n$      
income :i* is tak5 into acc\nt 9 comput+
 taxable income = ! taxable ye>4  7d7   
,inflation adju/m5t  7#a7 ,9 g5]al ,9 ! 
case ( a taxable ye> beg9n+ aft] #bjah1 
! #eej am\nt 9 subsection 7a77#b7 %all  

be increas$ by an am\nt equal to--  7,a7
 su* doll> am\nt1 multipli$ by  7,b7 !  
co/-(-liv+ adju/m5t det]m9$ "u section  
#a7;f77#c7 = ! cal5d> ye> 9 :i* !       
taxable ye> beg9s1 det]m9$ by sub/itut+ 
cal5d> ye> #bjag = cal5d> ye> #aiib 9   
subp>agraph 7,b7 !re(4  7#b7 ,r\nd+ ,if 
any doll> am\nt1 aft] be+ increas$ "u   
p>agraph 7#a71 is n a multiple ( #aj1   
su* doll> am\nt %all be r\nd$ to ! next 
l[e/ multiple ( #aj4  4  7b7 ,refunds   
disreg>d$ 9 ! adm9i/ration ( ,f$]al     
programs & f$]ally assi/$ programs ,any 
cr$it or refund all[$ or made to any    
individual by reason ( section #cf;,a ( 
! ,int]nal ,rev5ue ,code ( #aihf 7z add$
 by ?is section7 %all n be tak5 into    
acc\nt z income & %all n be tak5 into   
acc\nt z res\rces = purposes ( det]m9+ !
 eligibility ( su* individual or any o!r
 individual = b5efits or assi/ance1 or !
 am\nt or ext5t ( b5efits or assi/ance1 
"u any ,f$]al program or "u any ,/ate or
 local program f9anc$ 9 :ole or 9 "p )  
,f$]al funds4  7c7 ,con=m+ am5dm5ts     

7#a7 ,section #fbaa7;b77#d77;,a7 ( !    
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by ins]t+ #cf;,a1 aft] #cf14  7#b7 ,!   
table ( sections = subp>t ,c ( "p ,,iv (
 sub*apt] ,a ( *apt] #a ( su* ,code is  
am5d$ by ins]t+ aft] ! item relat+ to   
section #cf ! foll[+ new item3  ,sec4   
#cf;,a4 ,c>bon fee (fset cr$it4  4  7d7 
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjag4  #bjc4 
,e/abli%m5t ( paym5ts to ,social        
,security b5efici>ies & o!r retir$ &    
disabl$ ,am]icans  7a7 ,au?ority ,to    
make paym5ts ,! ,secret>y ( ! ,treasury 
or ! ,secret>y ( ! ,treasury's delegate 
7ref]r$ to 9 ?is section z ! ,secret>y7 
%all1 dur+ ! p]iod betwe5 ,april #a &   
,may #ae ( cal5d> ye> #bjah & ea* ye>   
!reaft]1 disburse a paym5t to ea*       
eligible b5efici>y 9 an am\nt equal to !
 am\nt 9 effect = taxable ye>s beg9n+ 9 
! prec$+ cal5d> ye> "u section          
#cf;,a7a77#b7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf4  7b7 ,eligible b5efici>y ,=   

purposes ( ?is section1 ! t]m eligible  
b5efici>y means an individual :o1 = !   
mon? ( ,decemb] ( ! prec$+ ye>1 0-- 7#a7
 entitl$ to any b5efit paym5t describ$ 9
 subp>agraph 7,b7 ( section             
#bbja7;a77#a7 ( ! ,am]ican ,recov]y &   
,re9ve/m5t ,act ( #bjji2 or  7#b7       
eligible = a b5efit paym5t describ$ 9   
subp>agraph 7,c7 ( su* section4  7c7    
,resid5cy requirem5t ,a paym5t may be   
made "u ?is section only to an eligible 
b5efici>y :o resides 9 any ,/ate 7z     
def9$ 9 section #bjd7;f771 z det]m9$    
bas$ on ! curr5t address ( record = su* 
b5efici>y "u ! applicable program =     
paym5t ( b5efits describ$ 9 subsection  
7b74  7d7 ,no d\ble paym5ts ,an eligible
 b5efici>y may n receive m ?an #a paym5t
 p] cal5d> ye> "u ?is section1 reg>dless
 ( :e!r su* b5efici>y is entitl$ to or  
eligible = m ?an #a b5efit paym5t       
describ$ 9 p>agraph 7#a7 or 7#b7 (      
subsection 7b74  7e7 ,id5tification (   
recipi5ts ,! ,commission] ( ,social     
,security1 ! ,railroad ,retirem5t ,bo>d1

 & ! ,secret>y ( ,vet]ans ,affairs %all 
c]tify ! eligible b5efici>ies entitl$ to
 receive paym5ts "u ?is section &       
provide ! ,secret>y ) any in=mation     
necess>y to disburse su* paym5ts4  7f7  
,application ( additional rules ,rules  
simil> to ! rules ( subsections 7a77#d71
 7c71 & 7d7 ( section #bbja ( ! ,am]ican
 ,recov]y & ,re9ve/m5t ,act ( #bjji %all
 apply = purposes ( paym5ts "u ?is      
section4  #bjd4 ,/ate-bas$ co/          
mitigation grant program  7a7 ,9 g5]al  
,! ,secret>y ( ! ,treasury %all provide 
to ea* ,/ate :i* meets ! requirem5ts (  
subsection 7d7 a co/ mitigation grant = 
ea* cal5d> ye> aft] #bjag 9 an am\nt    
det]m9$ "u subsection 7c74  7b7 ,use (  
funds ,a ,/ate receiv+ a co/ mitigation 
grant "u ?is section may use ! grant    
only-- 7#a7 to assi/ l[-income h\seholds
 9 r$uc+ en]gy exp5ses & meet+ co/      
increases attributable to ! fees impos$ 
"u sub*apt] ,e ( *apt] #ch ( ! ,int]nal 
,rev5ue ,code ( #aihf 7z add$ by ?is    
,act72  7#b7 to assi/ rural h\seholds 9 

r$uc+ en]gy exp5ses & meet+ su*         
increases attributable to su* fees2 &   
7#c7 to provide job tra9+ & work]       
transition assi/ance1 ) priority giv5 to
 work]s & =m] work]s 9 fossil-fuel      
relat$ indu/ries4  7c7 ,am\nt ( grant   
7#a7 ,9 g5]al ,! am\nt ( ! co/          
mitigation grant made to any ,/ate = any
 cal5d> ye> %all be equal to ! product  
(--  7,a7 ! annual grant limitation     
det]m9$ "u p>agraph 7#c7 = su* cal5d>   
ye>2 &  7,b7 ! ,/ate allocation p]c5tage
 = ! ,/ate 7det]m9$ "u p>agraph 7#b774  
7#b7 ,/ate allocation p]c5tage ,! ,/ate 
allocation p]c5tage = a ,/ate is ! am\nt
 7express$ z a p]c5tage7 equal to !     
quoti5t (-- 7,a7 ! population ( su*     
,/ate 7z report$ 9 ! mo/ rec5t dec5nial 
c5sus72 &  7,b7 ! population ( all      
,/ates 7z report$ 9 ! mo/ rec5t dec5nial
 c5sus74  7#c7 ,annual grant limitation 
7,a7 ,9 g5]al ,! annual grant limitation
 is #aj1jjj1jjj1jjj4  7,b7 ,inflation   
adju/m5t ,9 ! case ( any cal5d> ye> aft]
 #bjah1 ! #aj1jjj1jjj1jjj am\nt 9       

subp>agraph 7,a7 %all be increas$ by an 
am\nt equal to--  7i7 su* doll> am\nt2  
multipli$ by  7ii7 ! co/-(-liv+ adju/m5t
 det]m9$ "u section #a7;f77#c7 ( !      
,int]nal ,rev5ue ,code ( #aihf = !      
cal5d> ye>1 det]m9$ by sub/itut+ cal5d> 
ye> #bjag = cal5d> ye> #aiib 9          
subp>agraph 7,b7 !re(4  7#d7            
,r$i/ribution ,9 any case 9 :i* "o or m 
,/ates d n meet ! requirem5ts describ$ 9
 subsection 7d7 = a cal5d> ye>1 an am\nt
 equal to ! ,/ate allocation p]c5tage = 
su* ,/ate or ,/ates %all be di/ribut$ to
 ea* ,/ate :i* did meet su* conditions 9
 an am\nt equal to ! product (--  7,a7  
su* am\nt2 &  7,b7 ! ,/ate allocation   
p]c5tage ( su* ,/ate 7det]m9$ by n tak+ 
into acc\nt "u p>agraph 7#b77;,b7 !     
population ( any ,/ate :i* did n meet ! 
requirem5ts ( subsection 7d7 = su*      
cal5d> ye>74  7d7 ,requirem5ts = receipt
 ( grant  7#a7 ,9 g5]al ,a ,/ate is     
eligible to receive a co/ mitigation    
grant = any cal5d> ye> if-- 7,a7 ! *ief 
executive (fic] ( ! ,/ate c]tifies t !  

,/ate w use su* grant z ne$$ to deliv]  
b5efits to all eligible l[-income       
individuals ?r\gh a h\sehold rebate     
program2  7,b7 ! ,/ate has fil$ ) !     
,secret>y ( ! ,treasury a ,/ate plan    
cov]+ ! cal5d> ye> :i* details ! use ( !
 funds receiv$ "u ! grant2  7,c7 ! ,/ate
 agrees to comply ) any audit           
requirem5ts "u subsection 7d72 &  7,d7 !
 ,/ate has compli$ ) ! requirem5ts ( ?is
 section = all prec$+ ye>s or ! ,/ate   
has rem$i$ all prior noncompliance to ! 
satisfaction ( ! ,secret>y ( !          
,treasury4  7#b7 ,h\sehold rebate       
program ,= purposes ( p>agraph          
7#a77;,a7-- 7,a7 ,9 g5]al ,! t]m        
h\sehold rebate program means a program 
= deliv]+ to mon?ly b5efits 9 an        
aggregate annual am\nt equal to !       
applicable am\nt to all eligible        
l[-income individuals ?r\gh a           
,/ate-adm9i/]$ electronic b5efit transf]
 sy/em4  7,b7 ,applicable am\nt ,! t]m  
applicable am\nt means1 ) respect to any
 eligible l[-income individual = any    

cal5d> ye>1 an am\nt equal to ! excess  
(--  7i7 ! am\nt 9 effect = taxable ye>s
 end+ ) or )9 ! prec$+ cal5d> ye> "u    
section #cf;,a7a77#b7 ( ! ,int]nal      
,rev5ue ,code ( #aihf1 ov]  7ii7 any    
am\nt all[$ or claim$ z a cr$it by su*  
individual "u su* section = ! taxable   
ye> end+ ) or )9 ! prec$+ cal5d> ye>4   
7,c7 ,eligible l[-income individuals ,! 
t]m eligible l[-income individual means1
 ) respect to any cal5d> ye>1 any       
individual :o-- 7i7 has atta9$ ! age (  
#ah be=e ! end ( ! cal5d> ye>2  7ii7    
lives 9 a h\sehold t has a gross income 
t does n exce$ #aej p]c5t ( ! pov]ty l9e
 z def9$ by section #fgc7b7 ( !         
,community ,s]vices ,block ,grant ,act2 
7iii7 p>ticipates 9 a f$]ally fund$     
,/ate adm9i/]$ assi/ance program or     
o!rwise applies = su* b5efits "u su* a  
program2 &  7iv7 = ! mon? ( ,decemb] ( !
 prec$+ cal5d> ye>1 0 n entitl$ to or   
eligible = a b5efit paym5t describ$ 9   
section #bjc7;b74  7,d7 ,coord9ation    
rules ,! ,secret>y ( ! ,treasury %all   

coord9ate ) ! ,/ates & o!r applicable   
,f$]al ag5cies to id5tify eligible      
l[-income individuals4  7e7 ,audits ,!  
,secret>y ( ! ,treasury %all audit !    
,/ate use ( grants "u ?is section to    
ensure su* uses comply ) ! requirem5ts (
 ?is section & ) ! uses id5tifi$ by !   
,/ate "u subsection 7d77#a77;,b74 ,!    
,secret>y may )hold a grant "u ?is      
section if ! ,secret>y det]m9es t a     
,/ate has n compli$ ) su* requirem5ts4  
7f7 ,/ate ,= purposes ( ?is section1 !  
t]m ,/ate includes ! ,di/rict (         
,columbia1 ! ,commonweal? ( ,pu]to      
,rico1 ,guam1 ,am]ican ,samoa1 !        
,commonweal? ( ! ,nor!rn ,m>iana ,isl&s1
 & ! ,unit$ ,/ates ,virg9 ,isl&s4  7g7  
,appropriations ,!re are h]eby          
appropriat$ su* sums z necess>y = mak+  
co/ mitigation grants "u ?is section4   
,,iii ,o!r provisions  #cja4 ,public    
disclosure ( rev5ues & exp5ditures  7a7 
,e/abli%m5t ( website ,! ,secret>y ( !  
,treasury1 or ! ,secret>y's designee1   
%all e/abli% a website = purposes ( mak+

 ! disclosures describ$ 9 subsection    
7b74  7b7 ,disclosures ,! ,secret>y %all
 make publicly available1 on an ongo+   
basis & z frequ5tly z possible1 ! foll[+
 in=mation3  7#a7 ,! am\nt & s\rces (   
rev5ue attributable to ?is ,act & !     
am5dm5ts made by ?is ,act4  7#b7 ,!     
am\nt ( tax sav+s & b5efits receiv$ z a 
result ( title ,,ii ( ?is ,act4  #cjb4  
,sev]ability ,if any provision ( ?is    
,act or am5dm5t made by ?is ,act1 or !  
application ( a provision or am5dm5t to 
any p]son or circum/ance1 is held to be 
uncon/itutional1 ! rema9d] ( ?is ,act & 
am5dm5ts made by ?is ,act1 & !          
application ( ! provisions & am5dm5t to 
any p]son or circum/ance1 %all n be     
affect$ by ! hold+4