America's Clean Future Fund Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2712 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2712 To amend the Internal Revenue Code of 1986 to establish a carbon fee to reduce greenhouse gas emissions, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES September 4, 2025 Mr. Durbin introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to establish a carbon fee to reduce greenhouse gas emissions, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``America's Clean Future Fund Act''. SEC. 2. CLIMATE CHANGE FINANCE CORPORATION. (a) Establishment.-- (1) In general.--There is established in the executive branch an independent agency, to be known as the ``Climate Change Finance Corporation'' (referred to in this section as the ``C2FC''), which shall …