S5047-118

Introduced

To require carbon scoring by the Congressional Budget Office.

118th Congress Introduced Sep 12, 2024

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 require carbon scoring by the Congressional Budget Office., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Environment, Energy.

Who Benefits and How

financial institutions, investors, and borrowers 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, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Carbon Scoring Act of 2024.
  • Section id56e7597fe33349baacf50e3d29cffeaf: 2. Findings Congress finds the following: The function of the Congressional Budget Office is to provide the Committee on the Budget of the Senate and the...
  • Section id63e922d25a974372b8a7cd2324be65fc: 3. Greenhouse gas emissions modeling capacity and reporting Section 202 of the Congressional Budget Act of 1974 (2 U.S.C. 602) is amended by adding at the end...
  • Section idc260afec190146558f660984c499b36a: 402A. Emissions estimates by Congressional Budget Office In this section: The term Director means the Director of the Congressional Budget Office. The term...

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 require carbon scoring by the Congressional Budget Office., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Environment, Energy

Primary Purpose

This bill, To require carbon scoring by the Congressional Budget Office., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Environment Energy

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers:
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
financial institutions, investors, and borrowers:

Legislative Progress

Introduced
Introduced Committee Passed
Sep 12, 2024

Mr. Whitehouse (for himself, Mr. Van Hollen, Mr. Welch, Mr. …

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?

Domains
Finance Environment Energy
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

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