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American Opportunity Carbon Fee Act

Introduced: November 19, 2014 Introduced by: Whitehouse, Sheldon Democratic · Rhode Island See on congress.gov
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 19, 2014
Read twice and referred to the Committee on Finance.
Nov 19, 2014
Sponsor introductory remarks on measure. (CR S6149-6153)
Nov 19, 2014
Introduced in Senate
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 Plain-English summary Congressional Research Service

American Opportunity Carbon Fee Act - Amends the Internal Revenue Code to impose a fee on: (1) fossil fuel products, including coal, petroleum products, and natural gas, for carbon dioxide emissions; and (2) emissions of any greenhouse gas other than carbon dioxide from any greenhouse gas emission source.

Directs the Secretary of the Treasury to establish, implement, and report on a program to collect data on methane emissions by major non-natural sources, including emissions attributable to the extraction and distribution of coal, petroleum products, and natural gas.

Establishes the American Opportunity Trust Fund to provide economic assistance to low-income families and businesses using tax revenues generated by this Act.

What's happening now November 19, 2014

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Schatz, Brian
Hawaii · Nov 19, 2014
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2940: American Opportunity Carbon Fee Act. 113th Congress. Open America. https://openamerica.io/bill/113-S-2940/
MLA
"S. 2940: American Opportunity Carbon Fee Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-S-2940/.
Bluebook (legal)
S. 2940, 113th Cong. (2026), https://openamerica.io/bill/113-S-2940/.
Markdown link
[S. 2940: American Opportunity Carbon Fee Act](https://openamerica.io/bill/113-S-2940/)
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