0
0

Expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.

3/28/2024, 8:08 AM

Summary of Bill HCONRES 86

Bill 118 H.Con.Res. 86, titled "Expressing the sense of Congress that a carbon tax would be detrimental to the United States economy," is a resolution that was introduced in the United States Congress. The purpose of this resolution is to convey the opinion of Congress that implementing a carbon tax would have negative consequences for the American economy.

The resolution argues that a carbon tax, which is a tax imposed on the carbon content of fuels, would harm businesses and consumers by increasing the cost of energy and goods. It suggests that this would lead to job losses, higher prices for consumers, and reduced economic growth.

The resolution also highlights concerns about the impact of a carbon tax on American competitiveness in the global market. It suggests that such a tax could put American businesses at a disadvantage compared to foreign competitors who are not subject to similar taxes. Overall, Bill 118 H.Con.Res. 86 expresses the belief of Congress that a carbon tax would be detrimental to the United States economy and should not be implemented. It is important to note that this resolution is not a binding law, but rather a statement of opinion from Congress.

Congressional Summary of HCONRES 86

This concurrent resolution expresses the sense of Congress that a carbon tax is not in the best interest of the country and would be detrimental to families and businesses.

Current Status of Bill HCONRES 86

Bill HCONRES 86 is currently in the status of Introduced to Senate since March 22, 2024. Bill HCONRES 86 was introduced during Congress 118 and was introduced to the House on January 25, 2024.  Bill HCONRES 86's most recent activity was Received in the Senate and referred to the Committee on Finance. as of March 22, 2024

Bipartisan Support of Bill HCONRES 86

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
42
Democrat Cosponsors
0
Republican Cosponsors
42
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HCONRES 86

Primary Policy Focus

Taxation

Potential Impact Areas

- Air quality
- Climate change and greenhouse gases
- Energy prices
- Oil and gas
- Sales and excise taxes
- User charges and fees

Alternate Title(s) of Bill HCONRES 86

Expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.
Expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.

Comments

Latest Bills

Department of Defense Appropriations Act, 2027
Bill HR 9495June 27, 2026
Natural Climate Solutions Research and Extension Act of 2026
Bill HR 9217June 27, 2026
Connecticut River Watershed Partnership Act
Bill HR 9226June 27, 2026
Small LENDER Act
Bill HR 941June 27, 2026
Protecting Our Courts from Foreign Manipulation Act
Bill HR 2675June 27, 2026
Bank Fraud Technology Advancement Act of 2026
Bill HR 8671June 27, 2026
GUARD Act
Bill HR 2978June 25, 2026
NO FAKES Act of 2026
Bill S 4591June 25, 2026
A resolution designating May 1, 2026, as "United States Foreign Service Day" in recognition of the men and women who have served, or are presently serving, in the Foreign Service of the United States, and honoring the members of the Foreign Service who have given their lives in the line of duty.
Bill SRES 777June 25, 2026
Protect College Sports Act of 2026
Bill S 4668June 25, 2026
Providing for consideration of the bill (H.R. 1023) to repeal section 134 of the Clean Air Act, relating to the greenhouse gas reduction fund; providing for consideration of the bill (H.R. 1121) to prohibit a moratorium on the use of hydraulic fracturing; providing for consideration of the bill (H.R. 6009) to require the Director of the Bureau of Land Management to withdraw the proposed rule relating to fluid mineral leases and leasing process, and for other purposes; providing for consideration of the concurrent resolution (H. Con. Res. 86) expressing the sense of Congress that a carbon tax would be detrimental to the United States economy; providing for consideration of the resolution (H. Res. 987) denouncing the harmful, anti-American energy policies of the Biden administration, and for other purposes; and providing for consideration of the bill (H.R 7023) to amend section 404 of the Federal Water Pollution Control Act to codify certain regulatory provisions relating to nationwide permits for dredged or fill material, and for other purposes.
Bill HRES 1085March 27, 2024