To establish a deficit-neutral reserve fund relating to prohibiting a Federal carbon tax and preventing American job losses and regressive household utility bill, home heating, and gasoline price increases.

SA 887. Mr. HOEVEN (for himself, Mr. Cramer, and Mr. Lankford)
proposed an amendment to the concurrent resolution S. Con Res. 5,
setting forth the congressional budget for the United States Government
for fiscal year 2021 and setting forth the appropriate budgetary levels
for fiscal years 2022 through 2030; as follows:

At the end of title III, add the following:

SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO
PROHIBITING ESTABLISHMENT OF FEDERAL TAX ON
CARBON EMISSIONS.

The Chairman of the Committee on the Budget of the Senate
may revise the allocations of a committee or committees,
aggregates, and other appropriate levels in this resolution,
and make adjustments to the pay-as-you-go ledger, for one or
more bills, joint resolutions, amendments, amendments between
the Houses, motions, or conference reports relating to
changes in Federal tax laws, which may include limiting or
prohibiting the establishment of a Federal tax on carbon
emissions, by the amounts provided in such legislation for
those purposes, provided that such legislation would not
increase the deficit over either the period of the total of
fiscal years 2021 through 2025 or the period of the total of
fiscal years 2021 through 2030.
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