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Carbon Fee, Climate Fund, and Quarterly Stimulus Payments

This Act establishes a federal carbon fee on crude oil, natural gas, and coal. The majority of the revenue generated is to be returned directly to eligible citizens through quarterly, non-taxable cash rebates known as America's Clean Future Fund Stimulus payments. Additionally, the legislation creates the Climate Change Finance Corporation (C2FC) to invest in clean energy and resilient infrastructure, and establishes support programs for agriculture and communities impacted by industrial transition.
Key points
A carbon fee is imposed on covered fuels starting in 2023 at $25 per metric ton of CO2-e, increasing annually.
Eligible individuals will receive quarterly, non-taxable stimulus payments from the carbon fund, which are phased out for high-income earners.
Establishes the Climate Change Finance Corporation (C2FC) to finance clean energy and infrastructure, prioritizing low-income and environmental justice communities.
Provides payments to agricultural producers for adopting emission-reducing practices and grants to communities facing job losses in carbon-intensive industries.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_2451
Sponsor: Rep. Newman, Marie [D-IL-3]
Process start date: 2021-04-12
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Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

America's Clean Future Fund Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_2451.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-04-12.

What are the main provisions?

Key points include:

  • A carbon fee is imposed on covered fuels starting in 2023 at $25 per metric ton of CO2-e, increasing annually.
  • Eligible individuals will receive quarterly, non-taxable stimulus payments from the carbon fund, which are phased out for high-income earners.
  • Establishes the Climate Change Finance Corporation (C2FC) to finance clean energy and infrastructure, prioritizing low-income and environmental justice communities.
  • Provides payments to agricultural producers for adopting emission-reducing practices and grants to communities facing job losses in carbon-intensive industries.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Newman, Marie [D-IL-3].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Energy.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Taxes Environment Public Investments