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Carbon Tax Replacing Gas Tax, Infrastructure Investment, and Congressional Stock Trading Ban

This bill replaces the federal gas tax with a carbon emissions tax to fund infrastructure projects and provide grants to low-income households. It also establishes Election Day as a federal holiday, bans House members from trading individual stocks, and significantly boosts cancer research funding.
Key points
Repeals federal fuel taxes and implements a carbon tax starting at $35 per ton to fund infrastructure and environmental projects.
Establishes Election Day as a federal holiday and bans Members of the House from owning or trading individual financial instruments.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6637
Sponsor: Rep. Fitzpatrick, Brian K. [R-PA-1]
Process start date: 2025-12-11
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Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To advance bipartisan priorities.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6637.

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 2025-12-11.

What are the main provisions?

Key points include:

  • Repeals federal fuel taxes and implements a carbon tax starting at $35 per ton to fund infrastructure and environmental projects.
  • Establishes Election Day as a federal holiday and bans Members of the House from owning or trading individual financial instruments.
What is the specific legal status?

The current status is Introduced.

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. Fitzpatrick, Brian K. [R-PA-1].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Oversight and Investigations.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-19.

CATEGORIES

Environment Public Investments Economy