March 15, 2024

Rules Committee Print 118–26

Text of H.R. 1023, Cutting Green Corruption and Taxes Act

[Showing the text of H.R. 1023, as reported by the Committee on Energy and Commerce, and H.R. 1141, as reported by the Committee on Energy and Commerce, with modifications]

SECTION 1. Short title.

This Act may be cited as the “Cutting Green Corruption and Taxes Act”.

SEC. 2. Repeal of Greenhouse Gas Reduction Fund.

(a) Repeal.—Section 134 of the Clean Air Act (42 U.S.C. 7434)(relating to the greenhouse gas reduction fund) is repealed.

(b) Rescission.—The unobligated balance of any amounts made available under section 134 of the Clean Air Act (42 U.S.C. 7434)(as in effect on the day before the date of enactment of this Act) is rescinded.

(c) Conforming amendment.—Section 60103 of Public Law 117–169 (relating to the greenhouse gas reduction fund) is repealed.

SEC. 3. Repeal of natural gas tax.

(a) Repeal.—Section 136 of the Clean Air Act (42 U.S.C. 7436)(relating to methane emissions and waste reduction incentive program for petroleum and natural gas systems) is repealed.

(b) Rescission.—The unobligated balance of any amounts made available under section 136 of the Clean Air Act (42 U.S.C. 7436)(as in effect on the day before the date of enactment of this Act) is rescinded.