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Healthy Climate and Family Security Act of 2022

3/13/2024, 10:52 AM

Congressional Summary of S 5338

Healthy Climate and Family Security Act of 2022

This bill addresses the reduction of greenhouse gas emissions by establishing a program that caps the emissions of carbon dioxide and auctions carbon permits to producers or importers of crude oil, domestic or foreign coal operations, or certain natural gas entities. The bill also establishes the Healthy Climate Trust Fund for the proceeds of the auctions to be distributed as dividend payments to U.S. individuals.

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Current Status of Bill S 5338

Bill S 5338 is currently in the status of Bill Introduced since December 21, 2022. Bill S 5338 was introduced during Congress 117 and was introduced to the Senate on December 21, 2022.  Bill S 5338's most recent activity was Read twice and referred to the Committee on Finance. as of December 21, 2022

Bipartisan Support of Bill S 5338

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 5338

Primary Policy Focus

Energy

Alternate Title(s) of Bill S 5338

Healthy Climate and Family Security Act of 2022
Healthy Climate and Family Security Act of 2022
A bill to cap the emissions of greenhouse gases through a requirement to purchase carbon permits, to distribute the proceeds of such purchases to eligible individuals, and for other purposes.

Comments

Sponsors and Cosponsors of S 5338

Chris Van Hollen
Chris Van Hollen
MarylandDemocrat

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