To amend the Internal Revenue Code of 1986 to create a carbon border adjustment based on carbon intensity, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to create a carbon border adjustment based on carbon intensity, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms. The main policy domain is Trade, Energy, Environment.
Who Benefits and How
importers, exporters, and commercial firms may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, importers, exporters, and commercial firms may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section idEE24C539E4B24FC6A71236A5D0565CA5: 1. Short title This Act may be cited as the Clean Competition Act.
- Section HD3654AD6B8CA4345BD4E586800D43E4C: 2. Carbon intensity charge Chapter 38 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subchapter: ECarbon intensity...
- Section id28F68AEEF8254AF484F84FC5F586A341: 4691. Calculation of carbon intensity Not later than June 30, 2026, and annually thereafter, any covered entity shall, for each eligible facility operated by...
- Section id4E31A6B899594897AF943F7E7B9C27F8: 4692. Imposition of carbon intensity charge In the case of any covered primary good imported into the United States during any calendar year beginning after...
- Section id48C2923B72E44B64A94D743778840FC5: 4693. Rebate In the case of a person who exports any covered primary good from the United States which was produced in an eligible facility for which a charge...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to create a carbon border adjustment based on carbon intensity, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms.
Key Policy Areas
Trade, Energy, Environment
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to create a carbon border adjustment based on carbon intensity, and for other purposes., changes federal law or congressional policy affecting importers, exporters, and commercial firms.
Policy Domains
Whole bill
Identified Gains
- importers, exporters, and commercial firms
Identified Costs
- federal implementing agencies
- importers, exporters, and commercial firms
Sponsors
Legislative Progress
IntroducedMr. Whitehouse (for himself, Mr. Schatz, and Mr. Heinrich) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
- "secretary_of_energy"
- → Secretary of Energy
- "administrator_of_epa"
- → Administrator of the Environmental Protection Agency
- "secretary_of_commerce"
- → Secretary of Commerce
- "secretary_of_treasury"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology