Legis Daily

Energy Innovation and Carbon Dividend Act of 2019

USA116th CongressHR-763| House 
| Updated: 1/25/2019
Theodore E. Deutch

Theodore E. Deutch

Democratic Representative

Florida

Cosponsors (86)
Brenda L. Lawrence (Democratic)Dwight Evans (Democratic)Al Lawson (Democratic)John Garamendi (Democratic)Gilbert Ray Cisneros (Democratic)Adam B. Schiff (Democratic)Barbara Lee (Democratic)Robin L. Kelly (Democratic)Tom Malinowski (Democratic)Karen Bass (Democratic)Joyce Beatty (Democratic)David J. Trone (Democratic)Emanuel Cleaver (Democratic)Jackie Speier (Democratic)Kathleen M. Rice (Democratic)Derek Kilmer (Democratic)John A. Yarmuth (Democratic)Sanford D. Bishop (Democratic)C. A. Dutch Ruppersberger (Democratic)Pete Aguilar (Democratic)Frederica S. Wilson (Democratic)Juan Vargas (Democratic)Andy Levin (Democratic)J. Luis Correa (Democratic)Madeleine Dean (Democratic)Steve Cohen (Democratic)Tony Cárdenas (Democratic)Susan A. Davis (Democratic)Scott H. Peters (Democratic)Angie Craig (Democratic)Donald M. Payne (Democratic)Thomas R. Suozzi (Democratic)Wm. Lacy Clay (Democratic)Danny K. Davis (Democratic)Lucille Roybal-Allard (Democratic)Daniel T. Kildee (Democratic)Ted Lieu (Democratic)Ann M. Kuster (Democratic)Sean Patrick Maloney (Democratic)Henry C. "Hank" Johnson (Democratic)André Carson (Democratic)Katie Hill (Democratic)Matt Cartwright (Democratic)Mark DeSaulnier (Democratic)Harley Rouda (Democratic)Joseph D. Morelle (Democratic)Gregory W. Meeks (Democratic)Dean Phillips (Democratic)David E. Price (Democratic)James A. Himes (Democratic)Alma S. Adams (Democratic)Anna G. Eshoo (Democratic)Ami Bera (Democratic)Lucy McBath (Democratic)Brad Sherman (Democratic)Bonnie Watson Coleman (Democratic)Mary Gay Scanlon (Democratic)Denny Heck (Democratic)Daniel Lipinski (Democratic)Norma J. Torres (Democratic)Salud O. Carbajal (Democratic)Jamie Raskin (Democratic)Joe Neguse (Democratic)Mike Quigley (Democratic)Janice D. Schakowsky (Democratic)James P. McGovern (Democratic)Yvette D. Clarke (Democratic)Albio Sires (Democratic)Bennie G. Thompson (Democratic)Charlie Crist (Democratic)Seth Moulton (Democratic)Linda T. Sánchez (Democratic)Ed Perlmutter (Democratic)Jesús G. "Chuy" García (Democratic)Jason Crow (Democratic)Grace Meng (Democratic)Alcee L. Hastings (Democratic)Veronica Escobar (Democratic)Gerald E. Connolly (Democratic)Chellie Pingree (Democratic)Grace F. Napolitano (Democratic)Katie Porter (Democratic)Susan Wild (Democratic)Mike Levin (Democratic)Francis Rooney (Republican)Judy Chu (Democratic)

Ways and Means Committee, Foreign Affairs Committee, Energy Subcommittee, Energy and Commerce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Energy Innovation and Carbon Dividend Act of 2019 This bill imposes a fee on the carbon content of fuels, including crude oil, natural gas, coal, or any other product derived from those fuels that will be used so as to emit greenhouse gases into the atmosphere. The fee is imposed on the producers or importers of the fuels and is equal to the greenhouse gas content of the fuel multiplied by the carbon fee rate. The rate begins at $15 in 2019, increases by $10 each year, and is subject to further adjustments based on the progress in meeting specified emissions reduction targets. The bill also imposes a specified fee on fluorinated greenhouse gases. The bill includes exemptions for fuels used for agricultural or nonemitting purposes, exemptions for fuels used by the Armed Forces, rebates for facilities that capture and sequester carbon dioxide, and border adjustment provisions that require certain fees or refunds for carbon-intensive products that are exported or imported. The fees must be deposited into a Carbon Dividend Trust Fund and used for administrative expenses and dividend payments to U.S. citizens or lawful residents. The fees must be decommissioned when emissions levels and monthly dividend payments fall below specified levels. The bill also suspends certain regulations that limit greenhouse gas emissions. The suspensions expire if the emissions targets established by this bill are not reached after a specified time period.
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Timeline
Jan 24, 2019
Introduced in House
Jan 24, 2019
Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
Jan 25, 2019
Referred to the Subcommittee on Energy.
  • January 24, 2019
    Introduced in House


  • January 24, 2019
    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.


  • January 25, 2019
    Referred to the Subcommittee on Energy.

Taxation

Air qualityAlternative and renewable resourcesAppropriationsAviation and airportsClimate change and greenhouse gasesCoalCustoms enforcementDiplomacy, foreign officials, Americans abroadEnvironmental regulatory proceduresFree trade and trade barriersGovernment studies and investigationsGovernment trust fundsInterest, dividends, interest ratesInternational law and treatiesMotor fuelsMotor vehiclesOil and gasTariffsTrade agreements and negotiationsUser charges and fees

Energy Innovation and Carbon Dividend Act of 2019

USA116th CongressHR-763| House 
| Updated: 1/25/2019
Energy Innovation and Carbon Dividend Act of 2019 This bill imposes a fee on the carbon content of fuels, including crude oil, natural gas, coal, or any other product derived from those fuels that will be used so as to emit greenhouse gases into the atmosphere. The fee is imposed on the producers or importers of the fuels and is equal to the greenhouse gas content of the fuel multiplied by the carbon fee rate. The rate begins at $15 in 2019, increases by $10 each year, and is subject to further adjustments based on the progress in meeting specified emissions reduction targets. The bill also imposes a specified fee on fluorinated greenhouse gases. The bill includes exemptions for fuels used for agricultural or nonemitting purposes, exemptions for fuels used by the Armed Forces, rebates for facilities that capture and sequester carbon dioxide, and border adjustment provisions that require certain fees or refunds for carbon-intensive products that are exported or imported. The fees must be deposited into a Carbon Dividend Trust Fund and used for administrative expenses and dividend payments to U.S. citizens or lawful residents. The fees must be decommissioned when emissions levels and monthly dividend payments fall below specified levels. The bill also suspends certain regulations that limit greenhouse gas emissions. The suspensions expire if the emissions targets established by this bill are not reached after a specified time period.
View Full Text

Suggested Questions

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Timeline
Jan 24, 2019
Introduced in House
Jan 24, 2019
Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.
Jan 25, 2019
Referred to the Subcommittee on Energy.
  • January 24, 2019
    Introduced in House


  • January 24, 2019
    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Foreign Affairs, 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.


  • January 25, 2019
    Referred to the Subcommittee on Energy.
Theodore E. Deutch

Theodore E. Deutch

Democratic Representative

Florida

Cosponsors (86)
Brenda L. Lawrence (Democratic)Dwight Evans (Democratic)Al Lawson (Democratic)John Garamendi (Democratic)Gilbert Ray Cisneros (Democratic)Adam B. Schiff (Democratic)Barbara Lee (Democratic)Robin L. Kelly (Democratic)Tom Malinowski (Democratic)Karen Bass (Democratic)Joyce Beatty (Democratic)David J. Trone (Democratic)Emanuel Cleaver (Democratic)Jackie Speier (Democratic)Kathleen M. Rice (Democratic)Derek Kilmer (Democratic)John A. Yarmuth (Democratic)Sanford D. Bishop (Democratic)C. A. Dutch Ruppersberger (Democratic)Pete Aguilar (Democratic)Frederica S. Wilson (Democratic)Juan Vargas (Democratic)Andy Levin (Democratic)J. Luis Correa (Democratic)Madeleine Dean (Democratic)Steve Cohen (Democratic)Tony Cárdenas (Democratic)Susan A. Davis (Democratic)Scott H. Peters (Democratic)Angie Craig (Democratic)Donald M. Payne (Democratic)Thomas R. Suozzi (Democratic)Wm. Lacy Clay (Democratic)Danny K. Davis (Democratic)Lucille Roybal-Allard (Democratic)Daniel T. Kildee (Democratic)Ted Lieu (Democratic)Ann M. Kuster (Democratic)Sean Patrick Maloney (Democratic)Henry C. "Hank" Johnson (Democratic)André Carson (Democratic)Katie Hill (Democratic)Matt Cartwright (Democratic)Mark DeSaulnier (Democratic)Harley Rouda (Democratic)Joseph D. Morelle (Democratic)Gregory W. Meeks (Democratic)Dean Phillips (Democratic)David E. Price (Democratic)James A. Himes (Democratic)Alma S. Adams (Democratic)Anna G. Eshoo (Democratic)Ami Bera (Democratic)Lucy McBath (Democratic)Brad Sherman (Democratic)Bonnie Watson Coleman (Democratic)Mary Gay Scanlon (Democratic)Denny Heck (Democratic)Daniel Lipinski (Democratic)Norma J. Torres (Democratic)Salud O. Carbajal (Democratic)Jamie Raskin (Democratic)Joe Neguse (Democratic)Mike Quigley (Democratic)Janice D. Schakowsky (Democratic)James P. McGovern (Democratic)Yvette D. Clarke (Democratic)Albio Sires (Democratic)Bennie G. Thompson (Democratic)Charlie Crist (Democratic)Seth Moulton (Democratic)Linda T. Sánchez (Democratic)Ed Perlmutter (Democratic)Jesús G. "Chuy" García (Democratic)Jason Crow (Democratic)Grace Meng (Democratic)Alcee L. Hastings (Democratic)Veronica Escobar (Democratic)Gerald E. Connolly (Democratic)Chellie Pingree (Democratic)Grace F. Napolitano (Democratic)Katie Porter (Democratic)Susan Wild (Democratic)Mike Levin (Democratic)Francis Rooney (Republican)Judy Chu (Democratic)

Ways and Means Committee, Foreign Affairs Committee, Energy Subcommittee, Energy and Commerce Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Air qualityAlternative and renewable resourcesAppropriationsAviation and airportsClimate change and greenhouse gasesCoalCustoms enforcementDiplomacy, foreign officials, Americans abroadEnvironmental regulatory proceduresFree trade and trade barriersGovernment studies and investigationsGovernment trust fundsInterest, dividends, interest ratesInternational law and treatiesMotor fuelsMotor vehiclesOil and gasTariffsTrade agreements and negotiationsUser charges and fees