Polluters Pay Climate Fund Act of 2025

# Polluters Pay Climate Fund Act of 2025 - Summary **What the bill would do:** The Polluters Pay Climate Fund Act of 2025 would create a new fund managed by the U.S. Treasury Department to address climate change and environmental damage. The bill would require companies in industries with high pollution levels—particularly oil, gas, and mining operations—to contribute money to this fund. These contributions would essentially hold polluting industries financially responsible for the environmental harm their operations cause. **Who it affects and key provisions:** The bill primarily targets fossil fuel and mining companies, which would be required to pay into the climate fund.

The money collected could be used for climate-related projects, environmental cleanup, or other climate mitigation efforts. The bill also appears to establish new procedures for how the government administers and collects these payments from polluters. State and local governments may also be affected depending on how the fund's resources are distributed. **Current status:** As of now, the bill (S 25) remains in committee in the Senate, meaning it has not yet been debated or voted on by the full chamber. It was introduced by Senator Chris Van Hollen, a Democrat from Maryland, during the 119th Congress.