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Political and Legislative

Democratic Lawmakers Present New Polluter Import Tax Legislation

As Democrats indicate that they want to tax polluter imports, two lawmakers are laying out a potential roadmap.

New legislation from Sen. Chris Coons (D-Del.) and Rep. Scott Peters (D-Calif.), would levy an import fee on goods including aluminum, cement, iron, steel, natural gas, petroleum and coal starting in 2024.  

The Coons-Peters bill could be used by lawmakers as they hammer out the finer points of the $3.5 trillion Democratic-led infrastructure package in the Senate, but it’s not guaranteed that this is the form it will take. 

Under their proposal, the list of products that the fee will be applied to would also expand as the U.S. determines the carbon intensity of producing various types of items. 

Read the source article at The Hill

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