Clean Competition Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3523 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 3523 To amend the Internal Revenue Code of 1986 to create a carbon border adjustment based on carbon intensity, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 17, 2025 Mr. Whitehouse (for himself, Mr. Blumenthal, Mr. Heinrich, Mr. Schatz, Mr. Welch, and Mr. Van Hollen) 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 create a carbon border adjustment based on carbon intensity, 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 ``Clean Competition Act''. SEC. 2. CARBON INTENSITY CHARGE. (a) In General.--Chapter 38 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subchapter: ``Subchapter E--Carbon…