Polluters Pay Climate Fund Act of 2025
2/5/2025, 1:08 AMSummary of Bill S 25
Bill 119 s 25, also known as the Polluter Pay Climate Fund Act, is a proposed piece of legislation in the US Congress that aims to address the issue of fossil fuel emissions. The bill seeks to impose an assessment on companies that emit fossil fuels in order to establish the Polluter Pay Climate Fund. This fund would be used to support efforts to combat climate change and mitigate the impacts of carbon emissions on the environment.The bill does not specify the exact amount of the assessment that would be imposed on fossil fuel emitters, but it is intended to hold these companies accountable for the environmental damage caused by their emissions. The funds collected through this assessment would be used to invest in renewable energy sources, support communities affected by climate change, and implement measures to reduce greenhouse gas emissions.
In addition to establishing the Polluter Pay Climate Fund, the bill also includes provisions for monitoring and reporting on the impact of fossil fuel emissions, as well as measures to ensure transparency and accountability in the use of funds collected through the assessment. Overall, Bill 119 s 25 represents a proactive approach to addressing the challenges posed by fossil fuel emissions and climate change. By holding polluting companies accountable and investing in sustainable solutions, the bill aims to protect the environment and promote a cleaner, healthier future for all Americans.
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Current Status of Bill S 25
Bill S 25 is currently in the status of Bill Introduced since January 7, 2025. Bill S 25 was introduced during Congress 119 and was introduced to the Senate on January 7, 2025. Bill S 25's most recent activity was Read twice and referred to the Committee on Finance. as of January 7, 2025Bipartisan Support of Bill S 25
Total Number of Sponsors
3Democrat Sponsors
3Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
8Republican Cosponsors
0Unaffiliated Cosponsors
2Policy Area and Potential Impact of Bill S 25
Primary Policy Focus
Alternate Title(s) of Bill S 25
A bill to impose an assessment related to fossil fuel emissions, to establish the Polluter Pay Climate Fund, and for other purposes.A bill to impose an assessment related to fossil fuel emissions, to establish the Polluter Pay Climate Fund, and for other purposes.Comments
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Sponsors and Cosponsors of S 25
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