Us Congress 2023-2024 Regular Session

Us Congress House Bill HCR86 Latest Draft

Bill / Engrossed Version Filed 03/22/2024

                            118THCONGRESS 
2
DSESSION H. CON. RES. 86 
CONCURRENT RESOLUTION 
Whereas a carbon tax is a Federal tax on carbon released 
from fossil fuels; 
Whereas a carbon tax will increase energy prices, including 
the price of gasoline, electricity, natural gas, and home 
heating oil;  2 
•HCON 86 EH 
Whereas a carbon tax will mean that families and consumers 
will pay more for essentials like food, gasoline, and elec-
tricity; 
Whereas a carbon tax will fall hardest on the poor, the elder-
ly, and those on fixed incomes; 
Whereas a carbon tax will lead to more jobs and businesses 
moving overseas; 
Whereas a carbon tax will lead to less economic growth; 
Whereas American families will be harmed the most from a 
carbon tax; 
Whereas, according to the Energy Information Administra-
tion, the share of energy consumption during 2023 in the 
United States that was derived from fossil fuels was ap-
proximately 80 percent; 
Whereas a carbon tax will increase the cost of every good 
manufactured in the United States; 
Whereas a carbon tax will impose disproportionate burdens 
on certain industries, jobs, States, and geographic re-
gions and would further restrict the global competitive-
ness of the United States; 
Whereas American ingenuity has led to innovations in energy 
exploration and development and has increased produc-
tion of domestic energy resources on private and State- 
owned land which has created significant job growth and 
private capital investment; 
Whereas the energy policy of the United States should en-
courage continued private sector innovation and develop-
ment and not increase the existing tax burden on manu-
facturers;  3 
•HCON 86 EH 
Whereas the production of American energy resources in-
creases the ability of the United States to maintain a 
competitive advantage in today’s global economy; 
Whereas a carbon tax would reduce America’s global competi-
tiveness and would encourage development abroad in 
countries that do not impose this exorbitant tax burden; 
and 
Whereas the Congress and the President should focus on pro- 
growth solutions that encourage increased development of 
domestic resources: Now, therefore, be it 
Resolved by the House of Representatives (the Senate 1
concurring), That it is the sense of Congress that a carbon 2
tax would be detrimental to American families and busi-3
nesses, and is not in the best interest of the United States. 4
Passed the House of Representatives March 21, 
2024. 
Attest: 
Clerk.  118
TH
CONGRESS 
2
D
S
ESSION
 
H. CON. RES. 86 
CONCURRENT RESOLUTION 
Expressing the sense of Congress that a carbon tax 
would be detrimental to the United States economy.