3.0.0 4534 2022-12-31T05:06:07Z 2023-09-05T17:28:05Z House HR 2021-07-19 117 [Congressional Record Volume 167, Number 126 (Monday, July 19, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PETERS:H.R. 4534.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H3669]]]> hsif00 Energy and Commerce Committee House Standing hsif18 Environment, Manufacturing, and Critical Materials Subcommittee Referred to 2021-07-20T16:21:45Z Referred to 2021-07-19T18:04:05Z hsed00 Education and the Workforce Committee House Standing Referred to 2021-07-19T18:04:15Z hsfa00 Foreign Affairs Committee House Standing Referred to 2021-07-19T18:04:10Z hssy00 Science, Space, and Technology Committee House Standing Referred to 2021-07-19T18:04:00Z hswm00 Ways and Means Committee House Standing Referred to 2021-07-19T18:03:50Z Fair, Affordable, Innovative, and Resilient Transition and Competition Act 117 2378 S 2021-07-19 Read twice and referred to the Committee on Finance. Identical bill CRS 2021-07-20 hsif18 Environment, Manufacturing, and Critical Materials Subcommittee 1 House committee actions Referred to the Subcommittee on Environment and Climate Change. Committee 2021-07-19 Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Space, and Technology, Energy and Commerce, Foreign Affairs, and Education and Labor, 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. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2021-07-19 Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Space, and Technology, Energy and Commerce, Foreign Affairs, and Education and Labor, 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. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2021-07-19 Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Space, and Technology, Energy and Commerce, Foreign Affairs, and Education and Labor, 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. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2021-07-19 Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Space, and Technology, Energy and Commerce, Foreign Affairs, and Education and Labor, 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. IntroReferral H11100 2 House floor actions hssy00 Science, Space, and Technology Committee 2021-07-19 Referred to the Committee on Ways and Means, and in addition to the Committees on Science, Space, and Technology, Energy and Commerce, Foreign Affairs, and Education and Labor, 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-07-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-07-19 Introduced in House IntroReferral 1000 9 Library of Congress P000608 Rep. Peters, Scott H. [D-CA-52] Scott Peters D CA H. 52 N P000613 Rep. Panetta, Jimmy [D-CA-20] Jimmy Panetta D CA 20 2021-07-19 True Taxation Taxation 00 2021-07-19 Introduced in House 2021-08-13T14:23:11Z Fair, Affordable, Innovative, and Resilient Transition and Competition Act or the FAIR Transition and Competition Act

This bill requires the Department of the Treasury, not later than July 1, 2023, and annually thereafter, to determine the domestic environmental cost incurred for industrial facilities producing steel, aluminum, cement, iron, or other products (sectors), and for the production of natural gas, petroleum, or coal (covered fuels) that are or may be used to emit greenhouse gases. By that same date, the Environmental Protection Agency must determine and publish the average greenhouse gas emissions of each sector to determine progress in reducing such emissions.

The bill imposes a fee (border carbon adjustment) on importers of covered fuels and products.

Treasury must provide to each state a resilient communities grant to provide job training and worker transition assistance, assist certain governmental entities and frontline communities, alleviate historical burdens imposed on communities of color and other vulnerable populations, and to assist small businesses disproportionately impacted by the border carbon adjustment fee.

]]> FAIR Transition and Competition Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to establish a border carbon adjustment for the importation of certain goods. Introduced in House IH Display Title FAIR Transition and Competition Act Short Title(s) as Introduced FAIR Transition and Competition Act Introduced in House IH Short Title(s) as Introduced Fair, Affordable, Innovative, and Resilient Transition and Competition Act Introduced in House IH Introduced in House 2021-07-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr4534ih/xml/BILLS-117hr4534ih.xml 2021-07-20 Referred to the Subcommittee on Environment and Climate Change. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.