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HR 3104 114th Congress House

America's Energy Security Trust Fund Act of 2015

Official title: To amend the Internal Revenue Code of 1986 to reduce carbon pollution in the United States, invest in the Nation's infrastructure, and cut taxes for working Americans.

Introduced: July 16, 2015 Introduced by: Larson, John B. Democratic · Connecticut See on congress.gov
Taxation Advanced technology and technological innovationsAir qualityAlternative and renewable resourcesClimate change and greenhouse gases
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CoalCongressional oversightEmployment taxesEnergy researchGovernment studies and investigationsGovernment trust fundsIncome tax creditsInternational law and treatiesOil and gasResearch administration and fundingResearch and developmentRoads and highwaysSales and excise taxesTransportation programs funding
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 16, 2015
Referred to the Committee on Ways and Means, and in addition to the Committee on 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.
Jul 16, 2015
Introduced in House
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 Latest action July 16, 2015

Referred to the Committee on Ways and Means, and in addition to the Committee on 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.

 Plain-English summary Congressional Research Service

America's Energy Security Trust Fund Act of 2015

Amends the Internal Revenue Code to impose an excise tax, beginning in calendar year 2016, on any taxable carbon substance sold by its manufacturer, producer, or importer. Defines "taxable carbon substance" as: (1) coal (including lignite and peat); (2) petroleum and any petroleum products; and (3) natural gas that is extracted, manufactured, or produced in the United States, or entered into the United States for consumption, use, or warehousing.

Establishes in the Treasury the America's Energy Security Trust Fund to assist industries negatively affected by this Act, make transfers to the Highway Trust Fund to cover shortfalls, and provide payroll tax relief.

Allows individual taxpayers a tax credit equal to carbon tax rebate amounts calculated by the Department of the Treasury.

Directs Treasury to study and report to Congress on the best methods to assess and collect taxes on non-carbon greenhouse gases.

Expresses the sense of Congress that the United States should establish binding agreements with major greenhouse gas emitting nations to reduce global greenhouse gas emissions.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 3104: America's Energy Security Trust Fund Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-3104/
MLA
"H.R. 3104: America's Energy Security Trust Fund Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-3104/.
Bluebook (legal)
H.R. 3104, 114th Cong. (2026), https://openamerica.io/bill/114-HR-3104/.
Markdown link
[H.R. 3104: America's Energy Security Trust Fund Act of 2015](https://openamerica.io/bill/114-HR-3104/)
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