Sec. 202. Appropriations from the RISE Trust Fund

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Amounts in the RISE Trust Fund for a fiscal year shall be available, as provided by appropriation Acts, as follows: 70 percent for each of the fiscal years 2021 through 2030 to the Federal Highway Trust Fund. 1.5 percent for each of the fiscal years 2021 through 2030 for the weatherization program developed under part A of title IV of the Energy Conservation and Production Act ( 42 U.S.C. 6861 et seq.). 3 percent for each of the fiscal years 2021 through 2030 for assistance for displaced energy workers under section 321. 2.5 percent for each of the fiscal years 2021 through 2030 to the Airport and Airway Trust Fund under section 9502 of the Internal Revenue Code of 1986. 0.1 percent for each of the fiscal years 2021 through 2030 to the Leaking Underground Storage Trust Fund under section 9508 of the Internal Revenue Code of 1986. 2 percent for each of the fiscal years 2021 through 2030 to the Abandoned Mine Reclamation Fund under section 401 of the Surface Mining Control and Reclamation Act of 1977 ( 30 U.S.C. 1231 ). 5 percent for each of the fiscal years 2021 through 2030 for frequent and chronic coastal flooding mitigation and adaptation infrastructure projects under section 318 of the Coastal Zone Management Act of 1972 ( 16 U.S.C. 1451 et seq.). 0.5 percent for each of the fiscal years 2021 through 2030 for Advanced Research Projects Agency-Energy under section 5012 of the America COMPETES Act ( 42 U.S.C. 16538 ). 0.7 percent for each of the fiscal years 2021 through 2030 for the Carbon Capture Research and Development Program of the National Energy Technology Laboratory, Office of Fossil Energy, Department of Energy. 0.5 percent for each of the fiscal years 2021 through 2030 for assistance for Carbon Storage DOE Fossil Energy Research, Development, and Demonstration Program Areas, Coal Program Area (Carbon Storage). 0.5 percent for each of the fiscal years 2021 through 2030 for assistance to the National Energy Technology Laboratory of the Office of Fossil Energy for the research and development of Direct Air Capture technologies. 0.5 percent for each of the fiscal years 2021 through 2030 for research and development relating to energy storage by battery through the Office of Electricity Delivery and Energy Reliability, Department of Energy. 10 percent for each of the fiscal years 2021 through 2030 for State grants under section 203. 0.1 percent for each of the fiscal years 2021 through 2030 to the Reforestation Trust Fund ( 16 U.S.C. 1606a ). 0.1 percent for each of the fiscal years 2021 through 2030 for assistance through cooperative agreements to decrease the environmental impact of energy-related activities pursuant to section 931 of the Energy Policy Act of 2005 ( 42 U.S.C. 16231 ). 2.5 percent for each of the fiscal years 2021 through 2030 for the environmental quality incentives program under chapter 4 of subtitle D of title XII of the Food Security Act of 1985 ( 16 U.S.C. 3839 aa et. seq.) for payments to producers to implement practices that promote improvements identified in subparagraphs

(A)and

(C)of section 1240B(d)(3) of such Act ( 16 U.S.C. 3839aa–2 ). 0.5 percent for each of fiscal years 2021 through 2030 for the regional conservation partnership program under section 1271 of the Food Security Act of 1985 ( 16 U.S.C. 3871 ) for eligible activities on eligible land through partnership agreements with eligible partners and contracts with producers that address one of the following goals: Soil health. Nutrient management. Forest restoration. Reduction of methane emissions. Other related activities that the Secretary determines will help achieve conservation benefits and increase carbon sequestration or reduce greenhouse gas emissions. For purposes of subsection (a)(11), the term direct air capture refers to equipment that captures carbon dioxide directly from the ambient air. Such term shall not include any equipment which captures carbon dioxide which is deliberately released from naturally occurring subsurface springs or using natural photosynthesis. Section 9508(b) of the Internal Revenue Code of 1986 is amended by striking and at the end of paragraph (3), by striking the period at the end of paragraph

(4)and inserting , and , and by inserting after paragraph

(4)the following: amounts transferred under section 202(a)(5) of the Modernizing America with Rebuilding to Kickstart the Economy of the Twenty-first Century with a Historic Infrastructure-Centered Expansion Act . . Section 303(a) of the Act of October 14, 1980 ( 16 U.S.C. 1606a(a) ) is amended by striking subsection (b)(1) and inserting paragraph

(1)or

(4)of subsection

(b). Section 303(b) of the Act of October 14, 1980 ( 16 U.S.C. 1606a(b) ) is amended— in paragraph

(2)by inserting under paragraph

(1)after transfer , and by adding at the end the following: Not later than 9 months after the enactment of the Modernizing America with Rebuilding to Kickstart the Economy of the Twenty-first Century with a Historic Infrastructure-Centered Expansion Act , the Secretary shall transfer to the Trust Fund the amounts made available under section 202(a)(13) of such Act. .

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