On February 2, 1998, the President requested $7.8 billion for the Environmental Protection Agency (EPA) in FY1999. The Senate Appropriations Committee reported S. 2168 (S.Rept. 105-216) on June 12; the full Senate passed the bill on July 17. The House Committee reported H.R. 4194 (H.Rept. 105-610) on July 8, 1998; the full House passed it on July 29; and the Senate passed it on July 30 after incorporating S. 2168's provisions. During the week of October 6, the House and Senate approved the conference report, H.Rept. 105-769, which includes $7.5 billion, thus clearing the bill for the President's signature of October 21 (P.L. 105-276). The Omnibus Appropriations Act (P.L. 105-277) added $30 million more in FY1999 funds.

This report describes the Energy Tax incentives in the President's FY1999 budget regarding Global Climate Change.