,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #ciff  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #be1 #bjai,mr4  
,lip9ski 7= himself & ,mr4 ,rooney (    
,florida7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means1 & 9 addition to ! ,committees on
 ,en]gy & ,comm]ce1 ,education & ,labor1
 & ,rules1 = 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$uce social security  
payroll taxes & to r$uce ! reliance ( ! 
,unit$ ,/ates economy on c>bon-bas$     
en]gy s\rces1 & = o!r purposes4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,raise ,wages1 ,cut ,c>bon ,act ( #bjai4
  #b4 ,increase 9 ! l[-income h\s+ en]gy
 assi/ance program & ! wea!rization     
assi/ance program  7a7 ,,liheap ,on     
,octob] #a1 #bjbj1 & ea* ,octob] #a     
!reaft]1 !re %all be made available1 )\t
 fur!r appropriation or fiscal ye>      

limitation1 to c>ry out ! ,l[-,income   
,home ,en]gy ,assi/ance ,act ( #aiha    
7#db ,u4,s4,c4 #hfba et seq47 an am\nt  
equal to #e p]c5t ( ! net rev5ues       
receiv$ 9 ! ,treasury dur+ ! previ\s    
fiscal ye> f ! taxes impos$ "u p>ts     
,,ii1 ,,iii1 & ,,iv ( sub*apt] ,e (     
*apt] #ch ( ! ,int]nal ,rev5ue ,code (  
#aihf4  7b7 ,wea!rization assi/ance     
program ,on ,octob] #a1 #bjbj1 & ea*    
,octob] #a !reaft]1 !re %all be made    
available1 )\t fur!r appropriation or   
fiscal ye> limitation1 to c>ry out !    
wea!rization assi/ance program e/abli%$ 
"u "p ,a ( title ,,iv ( ! ,en]gy        
,cons]vation & ,production ,act 7#db    
,u4,s4,c4 #fhfa et seq47 an am\nt equal 
to #a p]c5t ( ! net rev5ues receiv$ 9 ! 
,treasury dur+ ! previ\s fiscal ye> f ! 
taxes impos$ "u p>ts ,,ii1 ,,iii1 & ,,iv
 ( sub*apt] ,e ( *apt] #ch ( ! ,int]nal 
,rev5ue ,code ( #aihf4  7c7 ,addition to
 o!r am\nts ,am\nts made available      
pursuant to ?is section %all be 9       
addition to o!r am\nts made available to

 c>ry out ! ,l[-,income ,home ,en]gy    
,assi/ance ,act ( #aiha & ! wea!rization
 assi/ance program e/abli%$ "u "p ,a (  
title ,,iv ( ! ,en]gy ,cons]vation &    
,production ,act = ! fiscal ye> involv$4
  #c4 ,di/ribution ( c]ta9 e/imat$      
rev5ues to social security b5efici>ies  
,n lat] ?an ,octob] #a ( ea* fiscal ye> 
beg9n+ ) fiscal ye> #bjbj1 !            
,commission] ( ,social ,security %all   
pay an am\nt out ( ! g5]al fund ( !     
,treasury1 equal to #aj p]c5t ( ! net   
rev5ues receiv$ 9 ! ,treasury dur+ !    
previ\s fiscal ye> f ! taxes impos$ "u  
p>ts ,,ii1 ,,iii1 & ,,iv ( sub*apt] ,e (
 *apt] #ch ( ! ,int]nal ,rev5ue ,code ( 
#aihf1 to be di/ribut$ equally among ea*
 individual entitl$ to mon?ly insurance 
b5efits "u title ,,ii ( ! ,social       
,security ,act 7#db ,u4,s4,c4 #dja et   
seq47 or to an annuity "u section #b ( !
 ,railroad ,retirem5t ,act ( #aigd = !  
#a/ mon? 9 su* fiscal ye>4  #d4         
,r$uction ( c]ta9 social security taxes2
 tax on combu/ible fossil fuels  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 ,r$uction (    
c]ta9 social security taxes2 tax on     
combu/ible fossil fuels  ,"p            
,i--,r$uction ( c]ta9 social security   
taxes ,"p ,,ii--,tax on combu/ible      
fossil fuels ,"p ,,iii--,tax on c]ta9   
additional import$ products ,"p         
,,iv--,tax on fluor9at$ gre5h\se gases  
,"p ,v--,sup]majority requir$ ,to *ange 
rev5ue neutrality  ,i ,r$uction ( c]ta9 
social security taxes  ,sec4 #dfia4     
,social ,security taxes & b5efits4      
#dfia4 ,social ,security taxes & b5efits
  7a7 ,am\nts appropriat$ to social     
security tru/ funds  7#a7 ,9 g5]al ,!re 
are h]eby appropriat$ to ! social       
security tru/ funds an am\nt equal to ! 
excess 7if any7 (--  7,a7 net rev5ues   
receiv$ 9 ! ,treasury f ! taxes impos$  
by p>ts ,,ii1 ,,iii1 & ,,iv1 ov]  7,b7 !
 net exp5ditures f ! ,treasury "u       
sections #b & #c ( ! ,raise ,wages1 ,cut

 ,c>bon ,act ( #bjai4  7#b7 ,allocation 
among funds ,am\nts appropriat$ "u      
p>agraph 7#a7 %all be allocat$ among su*
 funds z det]m9$ appropriate by !       
,manag+ ,tru/ee ( ! ,bo>d ( ,tru/ees ( !
 ,tru/ ,funds 7)9 ! mean+ ( title ,,ii (
 ! ,social ,security ,act71 9 coop]ation
 ) ! ,railroad ,retirem5t ,bo>d4  7b7   
,r$uction 9 c]ta9 social security taxes 
7#a7 ,9 g5]al ,! rate ( ea* specifi$    
social security tax = ea* cal5d> ye>    
7det]m9$ )\t reg>d to ?is section7 %all 
be r$uc$ by ! numb] ( p]c5tage po9ts    
equal to--  7,a7 su* rate1 multipli$ by 
7,b7 ! r$uction p]c5tage det]m9$ by !   
,secret>y = su* cal5d> ye>4  7#b7       
,r$uction p]c5tage ,! r$uction p]c5tage 
det]m9$ by ! ,secret>y "u p>agraph 7#a7 
= any cal5d> ye> %all be ! p]c5tage :i* 
! ,secret>y e/imates w result 9         
aggregate appropriations into ea* tru/  
fund equal to ! am\nt :i* w\ld 7)\t     
reg>d to ?is section7 be appropriat$ to 
ea* tru/ fund = su* cal5d> ye>4  7c7    
,def9itions ,= purposes ( ?is sub*apt]--

 7#a7 ,specifi$ social security tax ,!  
t]m specifi$ social security tax means--
  7,a7 ! tax impos$ by section #caja7;a7
 7& s mu* ( ! tax impos$ by section     
#cbja7;a7 or section #cbaa7;a7 z is     
det]m9$ by ref]5ce to ! tax impos$ by   
section #caja7;a771 &  7,b7 #a_/b ! tax 
impos$ by section #adja7;a74  7#b7      
,social security tru/ fund ,! t]m social
 security tru/ fund means--  7,a7 !     
,f$]al ,old-,age & ,survivors ,insurance
 ,tru/ ,fund e/abli%$ by section        
#bja7;a7 ( ! ,social ,security ,act1    
7,b7 ! ,f$]al ,disability ,insurance    
,tru/ ,fund e/abli%$ by section #bja7;b7
 ( ! ,social ,security ,act1 &  7,c7 !  
,social ,security ,equival5t ,b5efit    
,acc\nt e/abli%$ "u section #ae;,a ( !  
,railroad ,retirem5t ,act ( #aigd4  7d7 
,det]m9ation bas$ on e/imates           
,det]m9ations "u ?is section & sections 
#b & #c ( ! ,raise ,wages1 ,cut ,c>bon  
,act ( #bjai %all be made on ! basis (  
e/imates by ! ,secret>y4 ,to ! ext5t t  
any su* det]m9ation = any p]iod is      

det]m9$ to h be5 inaccurate1 su*        
det]m9ation = ! subsequ5t p]iod %all be 
appropriately increas$ or decreas$ by ! 
am\nt t ! previ\s det]m9ation 0 less    
?an1 or 9 excess (1 ! m accurate        
det]m9ation4  7e7 ,publication ( rate   
r$uctions ,any adju/m5t "u ?is section (
 social security tax rates = any cal5d> 
ye> %all be publi%$ 9 ! ,f$]al ,regi/] n
 lat] ?an #b mon?s be=e ! beg9n+ ( su*  
cal5d> ye>4  ,,ii ,tax on combu/ible    
fossil fuels  ,sec4 #dfib4 ,imposition (
 tax4 ,sec4 #dfic4 ,refunds or cr$its4  
,sec4 #dfid4 ,o!r def9itions & special  
rules4  #dfib4 ,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 emissions pot5tial ( 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  7,a7 ,9 g5]al 
,= purposes ( ?is "p1 ! applicable am\nt
 is-- 7i7 = cal5d> ye> #bjbj1 #dj1  7ii7
 = any cal5d> ye> foll[+ a ye> :i* is n 
a national emissions t>get atta9m5t ye>1
 ! sum (--  7,i7 ! product ( ! am\nt 9  
effect "u ?is subp>agraph = ! prec$+    
cal5d> ye> & #ajb4e p]c5t1 &  7,,ii7 !  
inflation adju/m5t am\nt det]m9$ "u     
subp>agraph 7,b71 &  7iii7 = any cal5d> 
ye> foll[+ a ye> :i* is a national      
emissions t>get atta9m5t ye>1 ! sum (-- 
7,i7 ! am\nt 9 effect "u ?is subp>agraph
 = ! prec$+ cal5d> ye>1 &  7,,ii7 !     
inflation adju/m5t am\nt det]m9$ "u     
subp>agraph 7,b74  7,b7 ,inflation      
adju/m5t am\nt  7i7 ,9 g5]al ,!         
inflation adju/m5t am\nt = any cal5d>   
ye> %all be an am\nt 7n less ?an z]o7   
equal to ! product (--  7,i7 ! am\nt    
det]m9$ "u subp>agraph 7,a77ii77,i7 or  

7,a77iii77,i71 z applicable1 = su* ye>1 
&  7,,ii7 ! p]c5tage by :i* ! ,,cpi = ! 
prec$+ cal5d> ye> exce$s ! ,,cpi = !    
second prec$+ cal5d> ye>4  7ii7 ,,cpi   
,rules simil> to ! rules ( p>agraphs    
7#d7 & 7#e7 ( section #a7;f7 %all apply 
= purposes ( ?is p>agraph4  7,c7 ,r\nd+ 
,! applicable am\nt "u ?is subsection   
%all be r\nd$ up to ! next :ole doll>   
am\nt4  7,d7 ,national emissions t>get  
atta9m5t ye> ,= purposes ( subp>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 ,taxable c>bon 
sub/ance ,= purposes ( ?is sub*apt]1 !  
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  7d7      
,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* sub/ance4       
#dfic4 ,refunds or cr$its  7a7 ,seque/]$
 c>bon ,"u regulations prescrib$ by !   
,secret>y1 if a p]son uses a taxable    
c>bon sub/ance s t ! c>bon associat$ )  
su* sub/ance w n be emitt$1 !n an am\nt 
equal to ! am\nt ( tax 9 effect "u      
section #dfib7;b7 ) respect to su*      
sub/ance = ! cal5d> ye> 9 :i* su* use   
beg9s %all be all[$ 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 #dfib4  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 #dfib 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  
section #dfib4 ,9 any case to :i* ?is   
subsection applies1 ! am\nt ( any su*   
cr$it or refund %all n exce$ ! am\nt (  
tax impos$ by section #dfib on ! o!r    
taxable fuel manufactur$ or produc$ 7or 
:i* w\ld h be5 impos$ by su* subsection 
on su* o!r fuel b = section #dfib7;d774 
7c7 ,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$it or refund ,if--  7,a7
 any p]son exports-- 7i7 a taxable c>bon
 sub/ance1 or  7ii7 any o!r product any 
portion ( ! co/ ( :i* is attributable to
 ! use ( any taxable c>bon sub/ance z an
 en]gy s\rce = ! manufacture or         
production ( su* product1 &  7,b7 su*   
p]son e/abli%es to ! satisfaction ( !   
,secret>y ! portion ( su* co/ :i* is    
attributable to ! tax "u section #dfib1 
cr$it or refund 7)\t int]e/7 ( su* tax  
%all be all[$ or made to su* p]son4     
7#c7 ,regulations ,! ,secret>y %all     
prescribe su* regulations z may be      
necess>y to c>ry out ! purposes ( ?is   
subsection4  #dfid4 ,o!r def9itions &   
special rules  7a7 ,def9itions ,=       
purposes ( ?is sub*apt]-- 7#a7 ,unit$   
,/ates ,! t]m ,unit$ ,/ates has ! mean+ 
giv5 su* t]m by section #dfab7;a77#d74  
7#b7 ,import] ,! t]m import] means !    
p]son ent]+ ! article = consumption1    
use1 or w>eh\s+4  7#c7 ,ton ,! t]m ton  
means #b1jjj p\nds4 ,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 ( #b1jjj p\nds  
on a molecul> weight basis4  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 #dfib 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 p>agraph  
7#b71 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 #dfib1 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  ,,iii ,tax on   
c]ta9 additional import$ products  ,sec4
 #dfie4 ,imposition ( tax4 ,sec4 #dfif4 
,import$ taxable product4  #dfie4       
,imposition ( tax  7a7 ,9 g5]al ,!re is 
h]eby impos$ a tax on any import$       
taxable product sold or us$ by ! import]
 !re(4  7b7 ,am\nt ( tax ,! am\nt ( !   
tax impos$ by subsection 7a7 ) respect  
to any import$ taxable product %all be !
 applicable am\nt "u section #dfib p]   
ton on ! less] (--  7#a7 ! taxable c>bon
 sub/ances us$ 9 ! manufacture or       
production ( su* product1 or  7#b7 !    
c>bon dioxide emissions attributable to 

! manufacture or production ( su*       
product4  7c7 ,proc$ure ,to *all5ge     
in=mation provid$ by import] ,!         
,secret>y %all e/abli% a proc$ure "u :i*
 int]e/$ p]sons may exam9e ! in=mation  
provid$ by an import] = purposes ( ?is  
section1 & br+ to ! att5tion ( !        
,secret>y any suspect$ errors 9 su*     
in=mation4  #dfif4 ,import$ taxable     
product  7a7 ,9 g5]al ,= purposes ( ?is 
"p1 ! t]m import$ taxable product means 
any article :i*1 at ! "t ( su* article's
 sale or use by ! import]1 is describ$ 9
 ! same head+ ( ! ,h>moniz$ ,t>iff      
,s*$ule ( ! ,unit$ ,/ates z a l article 
produc$ 9 a li/$ indu/ry4  7b7 ,li/$    
indu/ry ,= purposes ( ?is section-- 7#a7
 ,9 g5]al ,except z provid$ 9 p>agraph  
7#b71 ! t]m li/$ indu/ry means any      
indu/ry li/$ by ! ,adm9i/rator z be+    
among ! indu/ries :i*1 9 ! aggregate1   
acc\nt = #ie p]c5t ( ! taxable c>bon    
sub/ances us$ 9 ! ,unit$ ,/ates4 ,an    
indu/ry may n be omitt$ f ! li/ "u !    
prec$+ s5t5ce if x uses m taxable c>bon 

sub/ances p] unit ( output ?an any      
indu/ry :i* is s li/$4  7#b7 ,special   
rule = #bjbj ?r\gh #bjbb  7,a7 #bjbj    
,dur+ #bjbj1 ! t]m li/$ indu/ry %all    
include only ! #f indu/ries on ! li/ "u 
p>agraph 7#a7 hav+ ! highe/ av]age use (
 taxable c>bon sub/ances p] unit (      
output4  7,b7 #bjba & #bjbb ,dur+ #bjba 
& #bjbb1 ! t]m li/$ indu/ry %all include
 only-- 7i7 ! indu/ries describ$ 9      
subp>agraph 7,a71 &  7ii7  7,i7 9 ! case
 ( #bjba1 ! #a_/c ( ! rema9+ indu/ries  
on su* li/ hav+ ! highe/ av]age use (   
taxable c>bon sub/ances p] unit (       
output1 or  7,,ii7 9 ! case ( #bjbb1 !  
#b_/c ( ! rema9+ indu/ries on su* li/   
hav+ ! highe/ av]age use ( taxable c>bon
 sub/ances p] unit ( output4  7c7 ,o!r  
def9itions ,= purposes ( ?is "p1 ! t]ms 
import]1 taxable c>bon sub/ance1 &      
,unit$ ,/ates h ! respective mean+s giv5
 su* t]ms by "p ,,ii4  ,,iv ,tax on     
fluor9at$ gre5h\se gases  #dfig4        
,imposition ( tax  7a7 ,fluor9at$ gas   
fee ,!re is h]eby impos$ a tax on any   

fluor9at$ gre5h\se gas :i* is requir$ to
 be report$ "u "p #ih ( title #dj1 ,code
 ( ,f$]al ,regulations4  7b7 ,am\nt ,!  
tax impos$ "u subsection 7a7 %all be    
paid by ! p]son requir$ to s report 9 an
 am\nt equal to--  7#a7 ! total am\nt1 9
 metric tons ( ,,co#b-;e1 ( emitt$      
fluor9at$ gre5h\se gases 7or1 9 ! case (
 a suppli]1 emissions t w\ld result     
det]m9$ "u ! rules ( su* "p71 multipli$ 
by  7#b7 an am\nt equal to #aj p]c5t ( !
 applicable am\nt 9 effect "u section   
#dfib = ! cal5d> ye> ( su* emission4  ,v
 ,sup]majority requir$ to *ange rev5ue  
neutrality  #dfih4 ,sup]majority requir$
 ,a bill1 jo9t resolution1 am5dm5t to a 
bill or jo9t resolution1 or conf]5ce    
report t increases aggregate rev5ues "u 
p>ts ,,ii1 ,,iii1 & ,,iv great] ?an !   
aggregate (--  7#a7 ! r$uction 9 rev5ues
 "u "p ,i1 &  7#b7 ! aggregate          
exp5ditures "u sections #b & #c ( !     
,raise ,wages1 ,cut ,c>bon ,act ( #bjai1
  may n be consid]$ z pass$ or agre$ to 
by ! ,h\se ( ,repres5tatives or ! ,s5ate

 unless s det]m9$ by a vote ( n less ?an
 two-?irds ( ! ,memb]s ( ! ,h\se (      
,repres5tatives or ! ,s5ate 7z ! case   
may be7 vot+1 a quorum be+ pres5t4 4    
7b7 ,cl]ical am5dm5t ,! table (         
sub*apt]s = *apt] #ch ( su* ,code is    
am5d$ by add+ at ! end ! foll[+ new     
item3  ,sub*apt] ,f4 ,r$uction ( social 
security taxes2 tax on combu/ible fossil
 fuels4  7c7 ,effective date ,! am5dm5ts
 made by ?is section %all take effect on
 ,janu>y #a1 #bjbj4  #e4 ,am5dm5ts to ! 
,clean ,air ,act  7a7 ,9 g5]al ,title   
,,iii ( ! ,clean ,air ,act 7#db         
,u4,s4,c4 #gfja7 is am5d$ by add+ at !  
end ! foll[+3  #ccj4 ,susp5sion (       
regulation ( fuels & emissions bas$ on  
gre5h\se gas effects  7a7 ,fuels ,unless
 specifically au?oriz$ 9 section #bjb1  
#baa1 #bac1 or #bca or ?is section1 if a
 tax is impos$ by "p ,,ii or ,,iii (    
sub*apt] ,e ( *apt] #ch ( ! ,int]nal    
,rev5ue ,code ( #aihf ) respect to a    
cov]$ fuel1 ! ,adm9i/rator %all n en=ce 
any rule limit+ ! emission ( gre5h\se   

gases f ! combu/ion ( t fuel "u ?is ,act
 7or impose any requirem5t on any ,/ate 
to limit su* emission7 on ! basis ( !   
emission's gre5h\se gas effects4  7b7   
,emissions ,unless specifically au?oriz$
 9 section #bjb1 #baa1 #bac1 or #bca or 
?is section1 if a tax is impos$ by "p   
,,iv ( sub*apt] ,e ( *apt] #ch ( !      
,int]nal ,rev5ue ,code ( #aihf ) respect
 to a fluor9at$ gre5h\se gas1 !         
,adm9i/rator %all n en=ce any rule      
limit+ su* gas "u ?is ,act 7or impose   
any requirem5t on any ,/ate to limit su*
 gas7 on ! basis ( ! gre5h\se gas       
effects ( su* gas4  7c7 ,au?oriz$       
regulation ,not)/&+ subsections 7a7 &   
7b71 no?+ 9 ?is section limits !        
,adm9i/rator's au?ority pursuant to any 
o!r provision ( ?is ,act--  7#a7 to     
limit ! emission ( any gre5h\se gas     
because ( any adv]se impact on heal? or 
welf>e o!r ?an its gre5h\se gas effects2
  7#b7 9 limit+ emissions z describ$ 9  
p>agraph 7#a71 to consid] ! collat]al   
b5efits ( limit+ ! emissions because (  

gre5h\se gas effects2  7#c7 to limit !  
emission ( black c>bon or any o!r       
pollutant t is n a gre5h\se gas t !     
,adm9i/rator det]m9es by rule has       
heat-trapp+ prop]ties2 or  7#d7 to take 
any action ) respect to any gre5h\se gas
 o!r ?an limit+ its emission1 includ+-- 
7,a7 monitor+1 report+1 & record-keep+  
requirem5ts2  7,b7 conduct+ or support+ 
inve/igations2 &  7,c7 in=mation        
collection4  7d7 ,exception = c]ta9     
gre5h\se gas emissions ,not)/&+         
subsections 7a7 & 7b71 no?+ 9 ?is       
section limits ! ,adm9i/rator's au?ority
 to regulate gre5h\se gas emissions f-- 
7#a7 s\rces t-- 7,a7 are subject to     
subp>t ,,oooo or ,o,o,o,oa ( "p #fj (   
title #dj1 ,code ( ,f$]al ,regulations1 
z 9 effect or ,janu>y #a1 #bjah2 or     
7,b7 w\ld be subject to su* subp>t      
,,oooo or subp>t ,o,o,o,oa if su* subp>t
 appli$ reg>dless ( ! date on :i*       
con/ruction1 modification1 or           
recon/ruction ( ! s\rce involv$ comm5c$2
 or  7#b7 ,,potw ,treatm5t ,plants 7z   

def9$ 9 section #djc4c7r7 ( title #dj1  
,code ( ,f$]al ,regulations74  7e7      
,susp5sion expiration  7#a7 ,det]m9ation
 ,! ,adm9i/rator %all make a det]m9ation
 by ,m>* #cj1 #bjcj1 & no less ?an once 
e five ye>s !reaft]1 z to :e!r          
cumulative gre5h\se gas emissions f     
cov]$ fuels subject to tax "u "p ,,ii or
 ,,iii ( sub*apt] ,e ( *apt] #ch ( !    
,int]nal ,rev5ue ,code ( #aihf dur+ !   
p]iod f cal5d> ye> #bjbb ?r\gh ! cal5d> 
ye> prec$+ ! det]m9ation exce$ !        
cumulative emissions = t p]iod t w\ld h 
occurr$ if subsection 7a7 _h n appli$   
dur+ su* p]iod4  7#b7 ,consequ5ce (     
cumulative emissions exce$ance ,if !    
,adm9i/rator det]m9es "u p>agraph 7#a7 t
 cumulative gre5h\se gas emissions f    
cov]$ fuels subject to tax "u "p ,,ii or
 ,,iii ( sub*apt] ,e ( *apt] #ch ( !    
,int]nal ,rev5ue ,code ( #aihf exce$ !  
cumulative emissions = ! p]iod cov]$ by 
! det]m9ation t w\ld h occurr$ if       
subsection 7a7 _h n appli$ dur+ su*     
p]iod1 !n subsections 7a7 & 7b7 ( ?is   

section1 & ! prohibition 9 section      
#baa7;c77#e7 ( ?is ,act1 %all cease to  
apply z ( su* det]m9ation4  7f7 ,assur+ 
environm5tal integrity  7#a7 ,au?ority  
,if ! ,adm9i/rator makes ! det]m9ation  
describ$ 9 subsection 7e77#b71 !        
,adm9i/rator %all--  7,a7 issue su*     
regulations z ! ,adm9i/rator deems      
necess>y to br+ gre5h\se gas emissions f
 cov]$ fuels subject to tax "u "p ,,ii  
or ,,iii ( sub*apt] ,e ( *apt] #ch ( !  
,int]nal ,rev5ue ,code ( #aihf to levels
 t are at or bel[ ! level at :i* su*    
emissions w\ld h be5 if subsection 7a7  
_h nev] appli$1 &  7,b7 require 9 su*   
regulations t additional r$uctions 9    
gre5h\se gas emissions are a*iev$ to    
fully comp5sate = any am\nt by :i*      
gre5h\se gas emissions f su* fuels dur+ 
! p]iod ref]r$ to 9 subsection 7e77#b7  
exce$$ ! levels at :i* su* emissions    
w\ld h be5 if subsection 7a7 _h nev]    
appli$4  7#b7 ,deadl9e = f9aliz+        
regulations ,! ,adm9i/rator %all f9alize
 any regulations requir$ by p>agraph    

7#a7 n lat] ?an two ye>s aft] !         
,adm9i/rator makes ! relevant           
det]m9ation pursuant to su* p>agraph4   
7#c7 ,a*ievem5t ( additional r$uctions  
,regulations issu$ pursuant to p>agraph 
7#a7 %all ensure t any additional       
r$uctions requir$ by p>agraph 7#a77;,b7 
are fully a*iev$ by no lat] ?an eight   
ye>s aft] ! ,adm9i/rator makes !        
det]m9ation describ$ 9 subsection       
7e77#a74  7g7 ,def9itions ,9 ?is        
section-- 7#a7 ,gre5h\se ,gas ,! t]m    
gre5h\se gas means c>bon dioxide        
7,,co#b71 me?ane 7,,*#d71 nitr\s oxide  
7,n#b,o71 sulfur hexafluoride 7,,sf#f71 
hydrofluoroc>bons 7,h,f,cs71            
p]fluoroc>bon 7,p,f,cs71 & o!r gases z  
def9$ by rule ( ! ,adm9i/rator4  7#b7   
,gre5h\se ,gas ,effect ,! t]m gre5h\se  
gas effect means ! adv]se effects (     
gre5h\se gases on heal? or welf>e caus$ 
by ! gre5h\se gas's heat-trapp+ pot5tial
 or its effect on ocean acidification4  
4  7b7 ,new motor vehicles & new motor  
vehicle eng9es ,section #bjb7;b7 ( !    

,clean ,air ,act 7#db ,u4,s4,c4         
#geba7;b77 is am5d$-- 7#a7 by r$esignat+
 ! second p>agraph 7#c7 7z r$esignat$ by
 section #bcj7d77;,c7 ( ,public ,law    
#aja-edi 7#ajd ,/at4 #bebi77 z p>agraph 
7#d72 &  7#b7 by add+ at ! end ! foll[+3
  7#e7 ,not)/&+ subsections 7a7 & 7b7 ( 
section #ccj1 ! ,adm9i/rator may--  7,a7
 limit ! emission ( any gre5h\se gas 7z 
def9$ 9 section #ccj7;g77 on ! basis ( !
 emission's gre5h\se gas effects 7z     
def9$ 9 su* section7 f any class or     
classes ( new motor vehicles or new     
motor vehicle eng9es subject to         
regulation "u subsection 7a77#a72 &     
7,b7 grant a waiv] "u section           
#bji7;b77#a7 = /&>ds = ! control (      
gre5h\se gas emissions4  4  7c7 ,fuels  
,section #baa7;c7 ( ! ,clean ,air ,act  
7#db ,u4,s4,c4 #gede7;c77 is am5d$ by   
add+ at ! end ! foll[+ new p>agraph3    
7#e7 ,! ,adm9i/rator %all n1 pursuant to
 ?is subsection1 impose on any          
manufactur] or processor ( fuel any     
requirem5t = ! purpose ( r$uc+ !        

emission ( any gre5h\se gas 7z def9$ 9  
section #ccj7;g77 produc$ by combu/ion (
 ! fuel on ! basis ( ! emission's       
gre5h\se gas effects 7z def9$ 9 su*     
section74  4  7d7 ,nonroad eng9es &     
vehicles emissions /&>ds ,section #bac (
 ! ,clean ,air ,act 7#db ,u4,s4,c4      
#gedg7 is am5d$ by add+ at ! end !      
foll[+3  7e7 ,gre5h\se gas emissions    
,not)/&+ section #ccj7;a71 !            
,adm9i/rator may limit ! emission ( any 
gre5h\se gas 7z def9$ 9 section         
#ccj7;g77 on ! basis ( ! emission's     
gre5h\se gas effects 7z def9$ 9 su*     
section7 f any nonroad eng9es & nonroad 
vehicles subject to regulation "u ?is   
section4  4  7e7 ,aircraft emission     
/&>ds ,section #bca ( ! ,clean ,air ,act
 7#db ,u4,s4,c4 #gega7 is am5d$ by add+ 
at ! end ! foll[+ new subsection3  7d7  
,not)/&+ subsections 7a7 & 7b7 ( section
 #ccj1 ! ,adm9i/rator may limit !       
emission ( any gre5h\se gas 7z def9$ 9  
section #ccj7;g77 on ! basis ( !        
emission's gre5h\se gas effects 7z def9$

 9 su* section7 f any class or classes (
 aircraft eng9es1 s long z any su*      
limitation is n m /r+5t ?an ! /&>ds     
adopt$ by ! ,int]national ,civil        
,aviation ,organization4  4