Taking Hold of Regulations to Increase Vital Employment In Energy Act

Taking Hold of Regulations to Increase Vital Employment In Energy Act - Prohibits a federal agency from using the social cost of carbon to incorporate any social benefits of reducing carbon dioxide emissions in any regulatory impact analysis unless and until a federal law is enacted authorizing such use.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3042 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 3042

  To prohibit the use of the social cost of carbon in any regulatory 
  impact analysis until a Federal law is enacted authorizing such use.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             August 2, 2013

  Mr. Murphy of Pennsylvania introduced the following bill; which was 
 referred to the Committee on Oversight and Government Reform, and in 
    addition to the Committee on the Judiciary, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
  To prohibit the use of the social cost of carbon in any regulatory 
  impact analysis until a Federal law is enacted authorizing such use.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Taking Hold of Regulations to 
Increase Vital Employment In Energy Act''.

SEC. 2. PROHIBITION ON USE OF SOCIAL COST OF CARBON IN ANALYSIS.

    (a) In General.--Notwithstanding any other provision of law or any 
executive order, no Federal agency may use the social cost of carbon in 
order to incorporate any social benefits of reducing carbon dioxide 
emissions in any regulatory impact analysis unless and until a Federal 
law is enacted authorizing such use.
    (b) Definition.--In this section, the term ``social cost of 
carbon'' means the social cost of carbon as described in the technical 
support document entitled ``Technical Support Document: Technical 
Update of the Social Cost of Carbon for Regulatory Impact Analysis 
Under Executive Order 12866'', published by the Interagency Working 
Group on Social Cost of Carbon, United States Government, in May 2013, 
or any successor or substantially related document, or any other 
estimate of the monetized damages associated with an incremental 
increase in carbon dioxide emissions in a given year.
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