H.R. 2757 would require the return to the American people of all proceeds raised under any Federal climate change legislation.
Detailed Summary
Consumer Assistance Rebate for Energy Act - Requires any federal climate change law to return to the American people all proceeds from the sale of allowances or credits, from a tax or fee imposed on greenhouse gas emissions, or from other means through reductions in individual taxes, increases in social security or unemployment benefits, and other direct means.
Status of the Legislation
Latest Major Action: 6/8/2009: Referred to House committee. Status: Referred to the House Committee on Ways and Means.
Points in Favor
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Points Against
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