Code · BILL · 117th Congress · H.R. 3039 (Introduced in House) — To amend the Internal Revenue Code of 1986 to eliminate certain fuel excise taxes and impose a tax on greenhouse gas... · Sec. 201

Sec. 201. Establishment of the RISE Trust Fund

82 words·~1 min read·/bill/117/hr/3039/ih/section-201

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

There is hereby created in the Treasury of the United States a trust fund to be known as the Rebuilding Infrastructure and Solutions for the Environment Trust Fund (hereafter in this Act referred to as the RISE Trust Fund ), consisting of amounts paid into the Treasury pursuant to subtitle L of the Internal Revenue Code of 1986 (as added by title I of this Act), and 75 percent of such amounts are hereby appropriated and transferred to the RISE Trust Fund.