To impose an assessment related to fossil fuel emissions, to establish the Polluters Pay Climate Fund, and for other purposes.

3/4/2025, 9:05 AM

Summary of Bill HR 1135

Bill 119 hr 1135, also known as the Polluters Pay Climate Fund Act, aims to address the issue of fossil fuel emissions by imposing an assessment on companies that contribute to these emissions. The funds collected from this assessment will be used to establish the Polluters Pay Climate Fund, which will support efforts to mitigate the effects of climate change.

The bill does not specify the exact amount of the assessment, but it is intended to hold companies accountable for their role in contributing to climate change. The funds collected will be used for a variety of purposes, including investing in renewable energy sources, supporting communities affected by climate change, and funding research and development of technologies to reduce emissions.

The Polluters Pay Climate Fund Act is a bipartisan effort to address the urgent need to combat climate change and reduce greenhouse gas emissions. Supporters of the bill argue that it is a fair and effective way to hold polluting companies accountable for their actions and invest in a more sustainable future. Opponents of the bill may argue that it places an undue burden on companies and could potentially harm the economy. However, proponents believe that the long-term benefits of investing in clean energy and reducing emissions outweigh any short-term costs. Overall, the Polluters Pay Climate Fund Act represents a significant step towards addressing the challenges of climate change and transitioning to a more sustainable and environmentally friendly future.

Current Status of Bill HR 1135

Bill HR 1135 is currently in the status of Bill Introduced since February 7, 2025. Bill HR 1135 was introduced during Congress 119 and was introduced to the House on February 7, 2025.  Bill HR 1135's most recent activity was Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Energy and Commerce, 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. as of February 7, 2025

Bipartisan Support of Bill HR 1135

Total Number of Sponsors
2
Democrat Sponsors
2
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
19
Democrat Cosponsors
19
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1135

Primary Policy Focus


Alternate Title(s) of Bill HR 1135

To impose an assessment related to fossil fuel emissions, to establish the Polluters Pay Climate Fund, and for other purposes.To impose an assessment related to fossil fuel emissions, to establish the Polluters Pay Climate Fund, and for other purposes.
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