HR 1135 United States House · 119th Congress

Polluters Pay Climate Fund Act of 2025

The Polluters Pay Climate Fund Act of 2025 imposes a tax on major fossil fuel companies for historical carbon dioxide emissions exceeding 1 billion metric tons during 2000-2023, with payments due by September 2026. The tax revenue will fund a new Climate Fund that must be used for climate resilience, adaptation, and disaster response programs, with 40% specifically directed to environmental justice communities. The bill requires at least $15 billion annually for FEMA climate programs and $6 billion for Clean Air Act climate resilience grants. It explicitly states the fund does not affect existing legal claims against polluters for climate-related harms.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

President

Introduced Feb 7, 2025 Last action Feb 7, 2025

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Committee

Feb 7, 2025

Committee

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.

lower

Feb 7, 2025

Introduced

Introduced in House

lower

1 primary · 25 co-sponsors