,,ii #aagth ,,congress #b;d ,session ,s4 #ecch ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,december #ba1 #bjbb,mr4 ,van ,hollen introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to cap the emissions of greenhouse gases through a requirement to purchase carbon permits1 to distribute the proceeds of such purchases to eligible individuals1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,healthy ,climate and ,family ,security ,act of #bjbb4 #b4 ,findings ,the ,congress finds the following3 7#a7 ,carbon dioxide and other greenhouse gas emissions continue to rise4 7#b7 ,the warming of our planet has led to more frequent1 dangerous and expensive extreme weather events1 including heat waves1 storms1 fires1 droughts1 floods and tornadoes4 7#c7 ,a #bjah report by the ,intergovernmental ,panel on ,climate ,change 7,,ipcc7 recommends that serious efforts be made to limit global warming to #a4e;,c1 which would require that ,,co#b emissions fall by #de percent below #bjaj levels by #bjcj1 reaching net zero by the middle of this century4 7#d7 ,the atmosphere is a common resource that belongs equally to all4 7#e7 ,stabilizing the climate can and must be done in a way that supports vibrant economic growth and a thriving middle class4 7#f7 ,stabilizing the climate can and must be done in a way that supports environmental justice by reducing pollution affecting communities that have suffered disproportionately from hazards arising from the extraction and combustion of fossil fuels and supports community right-to-know reporting on emissions from fossil fuel combustion4 7#g7 ,legislation to address climate change and accelerate the transition to a clean energy economy must be fair1 transparent and built to last4 #c4 ,auction of carbon permits and distribution of ,healthy ,climate ,dividends 7a7 ,in general ,the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new subtitle3 ,l ,auction of ,carbon ,permits and ,distribution of ,healthy ,climate ,dividends ,chapter #aja4 ,cap and ,dividend ,program ,rules4,chapter #ajb4 ,healthy ,climate ,dividends4,chapter #ajc4 ,border ,adjustments4 #aja ,cap and ,dividend ,program ,rules ,sec4 #iija4 ,definitions4 ,sec4 #iijb4 ,carbon permits4 ,sec4 #iijc4 ,auctions4 ,sec4 #iijd4 ,compliance obligation4 ,sec4 #iije4 ,penalty for noncompliance4 ,sec4 #iijf4 ,transfers4 ,sec4 #iijg4 ,banking and borrowing4 ,sec4 #iijh4 ,environmental justice4 #iija4 ,definitions ,for purposes of this subtitle3 7#a7 ,administrator ,the term ,administrator means the ,administrator of the ,environmental ,protection ,agency4 7#b7 ,carbon permit ,the term carbon permit means a carbon permit established by the ,secretary under section #iijb7;a74 7#c7 ,covered entity ,the term covered entity means-- 7,a7 in the case of crude oil-- 7i7 any producer of crude oil operating in the ,united ,states1 and 7ii7 any importer of crude oil1 petroleum1 or any petroleum product into the ,united ,states1 7,b7 in the case of coal-- 7i7 any coal mine operating in the ,united ,states1 and 7ii7 any importer of coal into the ,united ,states1 and 7,c7 in the case of natural gas-- 7i7 any entity required to submit a report to the ,energy ,information ,agency on ,form #agf by reason of delivering natural gas to an end user1 and 7ii7 any natural gas processor not described in clause 7i7 with respect to sales of natural gas in the ,united ,states4 7#d7 ,covered fuel ,the term covered fuel means crude oil1 natural gas1 coal1 or any other product derived therefrom for use as a combustible fuel offered for sale in ,united ,states markets4 7#e7 ,crude oil ,the term crude oil includes crude oil condensates1 natural gasoline1 shale oil1 any bitumen or bituminous mixture1 any oil derived from a bitumen or bituminous mixture1 and any oil derived from kerogen-bearing sources4 7#f7 ,fair market value ,the term fair market value means the average auction price for carbon permits during the #d quarters immediately preceding a failure to surrender1 when required under section #iijd1 the required number of carbon permits under such section4 7#g7 ,state ,the term ,state means the several ,states1 the ,district of ,columbia1 the ,commonwealth of ,puerto ,rico1 the ,united ,states ,virgin ,islands1 ,guam1 ,american ,samoa1 the ,commonwealth of the ,northern ,mariana ,islands1 and any other commonwealth1 territory1 or possession of the ,united ,states4 7#h7 ,vintage year ,the term vintage year means the calendar year for which a carbon permit is established under section #iijb4 7#i7 ,co-pollutant ,the term co-pollutant means-- 7,a7 any criteria pollutant for which there are national ambient air quality standards under section #aji of the ,clean ,air ,act 7#db ,u4,s4,c4 #gdji71 and 7,b7 any precursor to such a criteria pollutant which is released in fossil fuel combustion4 7#aj7 ,frontline communities ,the term frontline communities means locations in which minority populations and low-income populations in the ,united ,states and its territories and possessions1 the ,district of ,columbia1 the ,commonwealth of ,puerto ,rico1 and the ,commonwealth of the ,mariana ,islands are exposed to disproportionately high and adverse human health or environmental effects of air pollution4 #iijb4 ,carbon permits 7a7 ,in general ,the ,secretary1 in consultation with the ,administrator1 shall establish a separate quantity of carbon permits for calendar year #bjbc and each calendar year thereafter1 as set forth under subsection 7b74 7b7 ,emissions reduction schedule 7#a7 ,in general ,the quantity of carbon permits established by the ,secretary1 in consultation with the ,administrator1 under subsection 7a7 for any calendar year before #bjej that is between the nearest target years specified in paragraph 7#b7 preceding and succeeding such calendar year shall be the quantity of such permits that represents an equal1 pro rata reduction from the preceding year to the succeeding year4 7#b7 ,targets 7,a7 ,initial target ,the quantity of carbon permits established for #bjbc shall be equal to #ae percent less than the number of metric tons of carbon dioxide emitted in the ,united ,states in #bjae4 7,b7 ,decadal targets ,the quantity of carbon permits established for-- 7i7 #bjbg shall be equal to #ce percent less than the number of metric tons of carbon dioxide emitted in the ,united ,states in #bjae1 7ii7 #bjcj shall be equal to #ej percent less than the number of metric tons of carbon dioxide emitted in the ,united ,states in #bjae1 7iii7 #bjch shall be equal to #fj percent less than the number of metric tons of carbon dioxide emitted in the ,united ,states in #bjae1 7iv7 #bjdd shall be equal to #hj percent less than the number of metric tons of carbon dioxide emitted in the ,united ,states in #bjae1 and 7v7 #bjej shall be equal to #ij percent less than the number of metric tons of carbon dioxide emitted in the ,united ,states in #bjae4 7#c7 ,reports 7,a7 ,calendar year #bjej ,in #bjej the ,secretary1 after consultation with the ,administrator1 shall submit a report to ,congress making recommendations concerning the program established under this subtitle for years after #bjej1 including the quantity of carbon permits to be established and any reductions that may be necessary to ensure a net zero carbon economy and a healthy climate4 7,b7 ,averting catastrophic climatic impact ,not later than #d years after the date of the enactment of this section1 and every #d years thereafter1 the ,secretary shall report to ,congress on any recommended revisions to the decadal targets under paragraph 7#b7 and the basis for those recommendations if the ,secretary1 after consultation with the ,administrator1 determines the emissions reductions targets under this subsection should be further tightened in order to-- 7i7 reach a net-zero carbon economy by #bjej1 or 7ii7 avert catastrophic climate impacts4 7c7 ,identification numbers ,the ,secretary shall assign to each carbon permit established under subsection 7a7 a unique identification number that includes the vintage year for that carbon permit4 7d7 ,legal status of carbon permits 7#a7 ,in general ,a carbon permit does not constitute a property right4 7#b7 ,termination or limitation ,nothing in this subtitle or any other provision of law shall be construed to limit or alter the authority of the ,united ,states1 including the ,secretary acting pursuant to statutory authority1 to terminate or limit a carbon permit4 7#c7 ,other provisions unaffected ,nothing in this subtitle relating to carbon permits issued under this section shall affect the application of any other provision of law to a covered entity 7including the ,clean ,air ,act71 or the responsibility for a covered entity to comply with any such provision of law4 ,regional and ,state greenhouse gas initiatives are not preempted by this subtitle4 7e7 ,regulations ,not later than ,december #ca1 #bjbc1 the ,secretary shall promulgate regulations to carry out the provisions of this subtitle4 #iijc4 ,auctions 7a7 ,periodic auctions ,the ,secretary shall conduct periodic public auctions of carbon permits established under section #iijb7;a74 ,the ,secretary shall conduct at least #a such auction in each calendar quarter of each year for which carbon permits are established1 and shall distribute the available permits for each such year pro rata among the quarters of such year4 7b7 ,auction rules ,the ,secretary shall-- 7#a7 limit auction participation only to covered entities1 7#b7 establish a limit on the amount of carbon permits that can be purchased by a single entity at each auction and an aggregate limit on the total amount of permits that can be held by a single entity at any one time that-- 7,a7 reflects anticipated sector and participant demand1 7,b7 prevents speculation1 manipulation1 or hoarding of permits1 and 7,c7 does not interfere with normal market competition1 and 7#c7 set a minimum permit price at the initial auction of #dj per ton of carbon dioxide that will be released when the covered fuel is burned1 increase this minimum price by #aj in each successive year and adjust for inflation1 and have the authority to set higher minimum permit prices4 7c7 ,unsold permits ,any carbon permit unsold at the auction at which it is offered shall expire4 #iijd4 ,compliance obligation 7a7 ,in general ,not later than ,april #a1 #bjbc1 and ,april #a of each year thereafter1 each covered entity shall surrender to the ,secretary a quantity of carbon permits at least as great as the number of metric tons of carbon dioxide that the ,secretary1 in consultation with the ,administrator1 determines would be emitted by the combustion of covered fuels with respect to which the covered entity made the first sale in ,united ,states markets during the previous calendar year4 7b7 ,use treated as sale ,for purposes of subsection 7a71 consumption for an emitting use by the covered entity of covered fuels produced by the covered entity shall be treated as a first sale4 #iije4 ,penalty for noncompliance 7a7 ,in general ,any covered entity that fails for any year to surrender1 by the deadline described in section #iijd1 one or more of the carbon permits due pursuant to such section shall be required to surrender permits in order to meet this past due obligation and shall be liable for payment to the ,secretary of a penalty in the amount described in subsection 7b74 7b7 ,amount ,the amount of a penalty required to be paid under subsection 7a7 shall be equal to the product obtained by multiplying-- 7#a7 the number of carbon permits that the covered entity failed to surrender by the deadline1 by 7#b7 #c times the fair market value of carbon permits issued for emissions occurring in the calendar year for which the carbon permits were due4 7c7 ,timing ,a penalty required under this section shall be immediately due and payable to the ,secretary1 without demand1 in accordance with regulations promulgated by the ,secretary1 which shall be issued not later than #a year after the date of enactment of this subtitle4 7d7 ,no effect on liability ,a penalty due and payable by the covered entity under this section shall not diminish the liability of the covered entity for any fine1 penalty1 or assessment against the covered entity for the same violation under any other provision of law4 7e7 ,penalty not deductible ,no deduction shall be allowed under subtitle ,a for a penalty paid under this section4 #iijf4 ,tracking ,the regulations promulgated under section #iijb7;e7 shall include a system for issuing1 recording1 holding1 and tracking carbon permits that shall specify all necessary procedures and requirements for an orderly and competitive functioning of the carbon permit system4 ,such regulations shall provide for appropriate publication of the information in the system on the internet4 #iijg4 ,banking 7a7 ,banking ,a carbon permit may be used to meet the compliance obligation requirements of section #iijd for emissions only in the permit's vintage year1 the year prior1 or the year following4 ,at least #hj percent of permits used by an entity to meet its compliance obligation for a year must be of that year's vintage4 ,the ,secretary shall have the authority to establish stricter requirements for the percentage of the compliance obligation for a year that must be met with permits of that year's vintage1 and to establish penalties for failure to comply4 7b7 ,expiration ,a carbon permit shall expire when-- 7#a7 it is surrendered to the ,secretary under section #iijd1 7#b7 it has been held by a covered entity and has not been surrendered to the ,secretary under section #iijd within #ah months after the end of its vintage year1 or 7#c7 the ,secretary determines by regulation that expiration is necessary to ensure the authenticity and integrity of carbon permits or the carbon permit tracking system4 #iijh4 ,environmental justice 7a7 ,in general ,this chapter shall be implemented to the extent practicable to ensure that reductions in carbon emissions are accompanied by commensurate reductions in emissions of co-pollutants from fossil fuel combustion that impact frontline communities4 7b7 ,report on ,air ,quality ,methods ,development ,not later than #a year after the date of enactment of this section1 the ,administrator shall submit to ,congress a report detailing efforts to increase air quality monitoring deployment and technical assistance at the ,federal1 ,state1 local1 and tribal level4 7c7 ,air quality monitoring in frontline communities ,the ,administrator 7or the ,administrator's delegate7 is authorized to provide for trends monitoring of ambient air quality in frontline communities and monitoring of co-pollutant emissions from sources located in or near such communities that impact their pollution burden4 ,not later than #c years after the date of the enactment of this section1 any information from such monitors shall be recorded and reported at the level of monitor and pollutant1 and made available to the public to support effective community participation in the making of environmental policies4 7d7 ,environmental justice guarantee ,in cases where co-pollutant emissions impacting frontline communities have not declined at a rate equal to the carbon dioxide emissions targets established in section #iijb7;b77#b71 the ,administrator is authorized to implement or promulgate additional regulatory measures to ensure such reductions4 7e7 ,environmental justice review ,not later than #d years after the date of enactment of this section1 and annually thereafter1 the ,administrator shall implement an annual review to determine frontline communities1 evaluate the effects of the enactment of this chapter on environmental justice1 and recommend further corrective measures if needed4 7f7 ,appropriations ,out of any money in the ,treasury not otherwise appropriated1 there shall be appropriated such sums as are necessary to carry out the purposes of this section1 to remain available until expended4 #ajb ,healthy ,climate ,dividends ,sec4 #iiaa4 ,healthy ,climate ,trust ,fund4,sec4 #iiab4 ,healthy ,climate ,dividend ,payments4,sec4 #iiac4 ,transparency4 #iiaa4 ,healthy ,climate ,trust ,fund 7a7 ,establishment ,there is established in the ,treasury of the ,united ,states a trust fund to be known as the ,healthy ,climate ,trust ,fund1 consisting of such amounts as may be appropriated to such trust fund as provided for in this section4 7b7 ,transfers 7#a7 ,proceed amounts ,there are appropriated to the ,healthy ,climate ,trust ,fund amounts equivalent to funds received as proceeds under section #iijc4 7#b7 ,penalty amounts ,there are appropriated to the ,healthy ,climate ,trust ,fund amounts equivalent to funds received as penalties under section #iije4 7c7 ,expenditures 7#a7 ,administrative expenses ,out of any amounts in the ,treasury not otherwise appropriated1 there shall be appropriated such sums as are necessary to pay the administrative expenses necessary to carry out this chapter4 7#b7 ,healthy ,climate ,dividend ,payments ,amounts in the ,healthy ,climate ,trust ,fund not used under paragraph 7#a7 for any month shall be available for making ,healthy ,climate ,dividend ,payments under section #iiab4 #iiab4 ,healthy ,climate ,dividend ,payments 7a7 ,in general ,for purposes of this section3 7#a7 ,healthy ,climate ,dividend ,payment ,the term ,healthy ,climate ,dividend ,payment means the individual pro rata share1 as determined by the ,secretary1 of amounts available for any quarter in the ,healthy ,climate ,trust ,fund under section #iiaa7;c77#b74 ,the amounts so available for any quarter shall be equal to the proceeds from auctions conducted under section #iijc in the preceding calendar quarter4 7#b7 ,eligible individual 7,a7 ,in general ,the term eligible individual means1 with respect to any quarter1 any individual with a valid social security number 7other than a nonresident alien individual7 who is lawfully present in the ,united ,states for such quarter1 as determined and verified by the ,secretary in consultation with any other ,federal entity the ,secretary determines appropriate4 7,b7 ,opt out ,an individual may elect not to be treated as an eligible individual4 7b7 ,payment of ,healthy ,climate ,dividend ,from amounts made available under section #iiaa7;c77#b71 the ,secretary shall make a ,healthy ,climate ,dividend ,payment not later than the end of the calendar quarter following the calendar quarter in which such amounts are appropriated to the ,healthy ,climate ,trust ,fund under section #iiaa to each eligible individual for that quarter4 ,such payments shall be made by electronic means to the maximum extent practicable4 7c7 ,exclusion from gross income ,gross income shall not include any ,healthy ,climate ,dividend paid under this section4 7d7 ,regulations ,the ,secretary shall prescribe such regulations and other guidance as may be necessary or appropriate to carry out this section4 #iiac4 ,transparency 7a7 ,report to ,congress ,not later than ,june #cj1 #bjbd1 and at least annually thereafter1 the ,secretary shall transmit to ,congress a report accounting for the disposition of amounts in the ,healthy ,climate ,trust ,fund in the previous calendar year4 7b7 ,healthy ,climate ,trust ,fund ,website ,not later than #ij days after the date of the enactment of this subtitle1 the ,secretary shall establish and maintain a website to provide the public with information on the disposition of any amounts in the ,healthy ,climate ,trust ,fund4 #ajc ,border ,adjustments ,sec4 #iiba4 ,carbon equivalency fee4,sec4 #iibb4 ,definitions4,sec4 #iibc4 ,sense of ,congress4 #iiba4 ,carbon equivalency fee 7a7 ,imports ,the ,secretary shall impose carbon equivalency fees to be collected by the ,commissioner responsible for ,u4,s4 ,customs and ,border ,control on imports of carbon-intensive goods4 ,the amount of the carbon equivalency fee shall be equal to the cost that domestic producers of a comparable carbon-intensive good incur as a result of-- 7#a7 prices paid in the acquisition of carbon permits by covered entities under this subtitle1 and 7#b7 carbon equivalency fees paid by importers of carbon-intensive goods used in the production of the comparable carbon-intensive good4 7b7 ,payments to ,exporters ,the ,secretary shall pay without interest to entities exporting from the ,united ,states carbon-intensive goods produced in the ,united ,states4 ,the amount of the payment shall be equal to the cost that domestic producers of the carbon-intensive good incur as a result of-- 7#a7 prices paid in the acquisition of carbon permits by covered entities under this subtitle1 and 7#b7 carbon equivalency fees paid by importers of carbon-intensive goods used in the production of the comparable carbon-intensive good4 7c7 ,expiration ,this section shall cease to have effect at such time as and to the extent that-- 7#a7 an international agreement requiring countries that emit greenhouse gases and produce carbon-intensive goods for export markets to adopt equivalent measures comes into effect1 or 7#b7 the country of export has implemented equivalent measures1 as determined by the ,secretary1 in consultation with the ,secretary of ,state4 #iibb4 ,definitions ,in this chapter3 7#a7 ,carbon-intensive good ,the term carbon-intensive good means a good that1 as identified by the ,secretary1 in consultation with the ,administrator1 by rule-- 7,a7 is a primary product1 or 7,b7 is a manufactured item in which one or more primary products are inputs and the cost of production of which in the ,united ,states is significantly increased by reason of the requirements under this subtitle4 7#b7 ,primary product ,the term primary product means-- 7,a7 iron1 steel1 steel mill products 7including pipe and tube71 aluminum1 cement1 glass 7including flat1 container1 and specialty glass and fiberglass71 pulp1 paper1 chemicals1 or industrial ceramics1 and 7,b7 any other manufactured product that the ,secretary1 in consultation with the ,administrator1 determines-- 7i7 is sold for purposes of further manufacture1 and 7ii7 generates1 in the course of the manufacture of the product1 direct and indirect greenhouse gas emissions that are comparable 7on an emissions-per-dollar of output basis7 to emissions generated in the manufacture or production of a primary product identified in subparagraph 7,a74 7#c7 ,equivalent measure ,the term #8equivalent measure' means a tax1 or other regulatory requirement that imposes a cost1 on manufacturers of carbon-intensive goods located outside the ,united ,states1 by reason of greenhouse gas emissions in the production of such goods by such manufacturers1 approximately equal to the cost imposed by this subtitle on manufacturers of comparable carbon-intensive goods located in the ,united ,states4 #iibc4 ,sense of ,congress ,it is the sense of ,congress that the ,united ,states should work proactively under the ,united ,nations ,framework ,convention on ,climate ,change and in other appropriate fora1 to establish binding agreements committing all major greenhouse gas emitting countries and countries with globally competitive producers of carbon-intensive goods to contribute equitably to the reduction of global greenhouse gas emissions on a schedule and order of magnitude necessary to stabilize the climate4 4 7b7 ,clerical amendment ,the table of subtitles for the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new item3 ,subtitle ,l4 ,auction of ,carbon ,permits and ,distribution of ,healthy ,climate ,dividends4 4 #d4 ,non-auction greenhouse gases 7a7 ,definitions ,in this section3 7#a7 ,the term ,administrator means the ,administrator of the ,environmental ,protection ,agency4 7#b7 ,the term non-auction greenhouse gas refers to the gases included on the list in effect under subsection 7b74 7b7 ,list of non-,auction greenhouse gases 7#a7 ,initial list ,not later than #b years after the date of the enactment of this ,act1 the ,administrator1 by rule1 shall finalize and publish a list that-- 7,a7 consists of the anthropogenically emitted gases that are determined by the ,administrator to contribute to global warming2 and 7,b7 excludes gases to the extent they are-- 7i7 carbon dioxide emitted by the combustion of a covered fuel 7as such term is defined in section #iija of the ,internal ,revenue ,code of #aihf1 as added by section #c7;a7 of this ,act72 or 7ii7 directly attributable to the production of animals for food or food products4 7#b7 ,updates ,the ,administrator shall periodically review and1 as appropriate1 update the list under paragraph 7#a74 7c7 ,regulations 7#a7 ,in general ,under the authorities vested in the ,administrator by the ,clean ,air ,act 7#db ,u4,s4,c4 #gdja et seq47 and any other applicable law 7other than this section71 the ,administrator shall promulgate regulations addressing the contribution of non-auction greenhouse gases to global warming4 7#b7 ,international competitiveness ,in promulgating regulations under this subsection1 the ,administrator shall take into consideration the effect of such regulations on the international competitiveness of businesses and industries of the ,united ,states4 7d7 ,schedule 7#a7 ,in general ,the regulations under subsection 7c7 shall ensure that-- 7,a7 not later than #d years after the date of enactment of this ,act1 requirements take effect to regulate sources which1 collectively1 emit not less than #be percent of non-auction greenhouse gases emitted in the ,united ,states2 7,b7 not later than #f years after the date of enactment of this ,act1 requirements take effect to regulate sources which1 collectively1 emit not less than #ej percent of non-auction greenhouse gases emitted in the ,united ,states2 7,c7 not later than #h years after the date of enactment of this ,act1 requirements take effect to regulate sources which1 collectively1 emit not less than #ge percent of non-auction greenhouse gases emitted in the ,united ,states2 and 7,d7 not later than #aj years after the date of enactment of this ,act1 requirements take effect to regulate sources which1 collectively1 emit #ajj percent of non-auction greenhouse gases emitted in the ,united ,states4 7#b7 ,baseline ,the percentages specified in paragraph 7#a7 shall be applied relative to the aggregate quantity of non-auction greenhouse gases emitted in the ,united ,states during the calendar year in which the initial list under subsection 7b77#a7 is required to be finalized by such subsection4 7e7 ,priorities ,in determining priorities for regulating the emissions of non-auction greenhouse gases under subsection 7c71 the ,administrator shall consider-- 7#a7 the degree to which the gases involved contribute to global warming2 and 7#b7 the speed with which a given reduction would contribute to stabilizing the climate4 7f7 ,citizen suits ,the provisions of section #cjd of the ,clean ,air ,act 7#db ,u4,s4,c4 #gfjd7 shall apply with respect to a violation of a requirement under this section1 or the failure of the ,administrator to perform a non-discretionary act or duty under this section1 to the same extent and in the same manner as such provisions apply with respect to a violation described in subsection 7a7 of such section #cjd or a failure to perform a non-discretionary act or duty described in such subsection4 7g7 ,report to ,congress ,not later than #b years after the date of the enactment of this ,act1 the ,administrator shall submit a report to the ,congress identifying any additions or modifications to statutory provisions which are needed for the ,administrator to effectively address the contribution of non-auction greenhouse gases to global warming4 #e4 ,disclosure of information 7a7 ,limited disclosure of identity ,subsection 7l7 of section #fajc of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new paragraph3 7#bc7 ,limited disclosure of identity information relating to ,healthy ,climate ,dividend ,payments 7,a7 ,department of the ,treasury ,individual identity information shall1 without written request1 be open to inspection by or disclosure to officers and employees of the ,department of the ,treasury whose official duties require such inspection or disclosure for purposes of section #iiab4 7,b7 ,commissioner of ,social ,security ,the ,commissioner of ,social ,security shall1 on written request1 disclose to officers and employees of the ,department of the ,treasury individual identity information which has been disclosed to the ,social ,security ,administration as provided by paragraph 7#a7 or 7#e74 7,c7 ,restriction on disclosure ,information disclosed under this paragraph shall be disclosed only for purposes of1 and to the extent necessary in1 carrying out section #iiab4 4 7b7 ,conforming amendments ,section #fajc7p77#c77;,a7 of the ,internal ,revenue ,code of #aihf is amended by striking or 7#ah7 and inserting 1 7#bc71 or 7#ba74 #f4 ,preservation of remedies 7a7 ,in general ,nothing in this ,act preempts1 displaces1 or restricts any ,state or ,federal common law or statutory rights that create a remedy for civil relief1 including those for civil damages1 or that create a penalty for criminal conduct4 7b7 ,claims related to fossil fuels and climate change ,notwithstanding any other provision of law1 nothing in this ,act1 the ,clean ,air ,act 7#db ,u4,s4,c4 #gdja et seq471 or ,federal common law preempts1 displaces1 or restricts any right or remedy of any person1 ,state1 city1 county1 or local or ,tribal government under ,state or local statute1 ordinance1 or common law related to any allegation of-- 7#a7 deception concerning the effects of fossil fuels on climate change2 7#b7 damage or injury resulting from the role of fossil fuels in contributing to climate change2 or 7#c7 the failure to avoid any damage or injury related to-- 7,a7 climate change1 including claims for nuisance1 trespass1 design defect1 negligence1 failure to warn1 or deceptive or unfair practices2 and 7,b7 claims for injunctive1 declaratory1 monetary1 or other relief4 #g4 ,effective date ,the amendments made by this ,act shall take effect on the date of the enactment of this ,act4