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H.R. 4520

MARKET CHOICE Act

Modernizing America with Rebuilding to Kickstart the Economy of the Twenty-first Century with a Historic Infrastructure-Centered Expansion Act or the MARKET CHOICE Act

This bill imposes a tax on the greenhouse gas emissions of fossil fuels, certain industrial processes, and certain product uses.

The bill appropriates and transfers specified revenue from the tax to a Rebuilding Infrastructure and Solutions for the Environment Trust Fund (RISE Trust Fund) established by the bill. Specified amounts in the trust fund shall be available, as provided by appropriations Acts, for the federal Highway Trust Fund, grants to low-income households; and other specified energy, environmental, infrastructure, and research and development priorities.

The bill also

  • eliminates the federal motor vehicle and aviation fuel taxes,
  • modifies the tax credit for carbon capture and storage and the qualifying advanced coal project tax credit,
  • imposes a moratorium on finalizing and enforcing certain Clean Air Act regulations on greenhouse gas emissions, and
  • establishes a National Climate Commission to review policies to reduce greenhouse gas emissions.

The moratorium on regulations expires in 2033 if specified emission targets are not reached.

Referred to the Subcommittee on Energy and Mineral Resources.

Rep. Fitzpatrick, Brian K. [R-PA-1](R-PA)Sponsor
3 cosponsors2 D1 R
3cosponsors7committees12actions1related bills26subjects
  1. Committee

    Referred to the Subcommittee on Energy and Mineral Resources.

    Energy and Mineral Resources Subcommittee
  2. Committee

    Referred to the Subcommittee on Environment and Climate Change.

    Environment, Manufacturing, and Critical Materials Subcommittee
  3. Committee

    Referred to the Subcommittee on Highways and Transit.

    Highways and Transit Subcommittee
  4. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Natural Resources, Education and Labor, Transportation and Infrastructure, Science, Space, and Technology, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Agriculture Committee
  5. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Natural Resources, Education and Labor, Transportation and Infrastructure, Science, Space, and Technology, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Science, Space, and Technology Committee
  6. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Natural Resources, Education and Labor, Transportation and Infrastructure, Science, Space, and Technology, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Transportation and Infrastructure Committee
  7. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Natural Resources, Education and Labor, Transportation and Infrastructure, Science, Space, and Technology, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Education and the Workforce Committee
  8. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Natural Resources, Education and Labor, Transportation and Infrastructure, Science, Space, and Technology, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Natural Resources Committee
  9. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Natural Resources, Education and Labor, Transportation and Infrastructure, Science, Space, and Technology, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Energy and Commerce Committee
  10. IntroReferralH11100

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Natural Resources, Education and Labor, Transportation and Infrastructure, Science, Space, and Technology, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Ways and Means Committee
  11. IntroReferralIntro-H

    Introduced in House

  12. IntroReferral1000

    Introduced in House

MARKET CHOICE Act — Informed