US Codex
Bill
Notes

Modernizing America with Rebuilding to Kickstart the Economy of the Twenty-first Century with a Historic Infrastructure-Centered Expansion Act

H.R. 6463 · 115th Congress · Jul 23, 2018 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to eliminate certain fuel excise taxes and impose a tax on greenhouse gas emissions to provide revenue for maintaining and building American infrastructure, and for other purposes.

Section 1 Short title, table of contents

(a)
Short title— This Act may be cited as the “Modernizing America with Rebuilding to Kickstart the Economy of the Twenty-first Century with a Historic Infrastructure-Centered Expansion Act” or the “MARKET CHOICE Act”.
(b)
Table of contents— The table of contents for this Act is as follows:

Sec. 2 Findings

The Congress finds that—
(1)
roads, bridges, airports, and urban transportation systems are essential to the economic and national security of the United States;
(2)
there is a chronic shortfall in funding for the maintenance of highways, bridges, and other critical infrastructure;
(3)
strategic investments in new infrastructure will allow for economic growth and dynamism in the twenty first century;
(4)
there has been a marked increase in extreme weather events and the negative impacts of a changing climate are expected to worsen in every region of the United States;
(5)
if left unaddressed, the consequences of a changing climate have the potential to adversely impact the health of all Americans, harm the economy, and impose substantial costs on local, State, and Federal budgets;
(6)
efforts to reduce climate risk should protect our Nation's economy, security, infrastructure, agriculture, water supply, public health, and public safety; and
(7)
there is bipartisan support for pursuing efforts to reduce greenhouse gas emissions through economically viable, broadly supported private and public policies and solutions.