Bills/H.R. 1135

Polluters Pay Climate Fund Act of 2025

Polluters Pay Climate Fund Act of 2025

In CommitteeEconomyHouseHouse Bill · 119th Congress
Bill Progress · House
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# Polluters Pay Climate Fund Act of 2025 - Summary **What the Bill Would Do:** The Polluters Pay Climate Fund Act of 2025 would establish a new fund designed to address climate change by requiring polluters to contribute financially to climate-related initiatives. While specific details aren't available in the basic bill information, the title suggests the legislation would operate on the "polluter pays" principle—holding companies and entities responsible for greenhouse gas emissions accountable through financial contributions to climate solutions. **Who It Affects:** The bill would primarily affect major industrial polluters and greenhouse gas emitters, who would be required to pay into the new fund. Indirectly, it could impact consumers through potential changes in energy costs or product prices.

The fund's revenues could potentially support climate adaptation projects, clean energy development, or communities affected by climate-related damages. **Current Status:** As of now, HR 1135 is in committee, meaning it has not yet been debated or voted on by the full House of Representatives. The bill was introduced by Representative Jerrold Nadler (D-NY). To learn more about the specific provisions—such as which industries would be affected, how the fund would be structured, or how money would be distributed—you would need to review the full bill text on Congress.gov.

Advertisement

Latest Action

February 7, 2025

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.

Sponsor

23 cosponsors

Key Dates

Introduced
February 7, 2025
Last Updated
February 7, 2025
Read Full Text on Congress.gov →
Advertisement