global greenhouse gas emissions to 10 percent of 2015 levels by 2050 and which respect the principle of common but differentiated responsibilities and respective capabilities. (3) Suspension of the carbon border fee adjustment Any part of the carbon border fee adjustment shall be suspended, in whole or in part— (A) by treaty or other international agreement which includes provisions for the suspension of the carbon border fee adjustment, in whole or in part, with any party signatory to the treaty or other international agreement, or (B) by a finding of the Secretary that a jurisdiction of importation has implemented policies which, in the case of high emitting countries, reduce greenhouse gas emissions at a rate at least equivalent to United States greenhouse gas emission reductions, or, in the case of low emitting countries, prevent the increase in greenhouse gas emissions. Any such finding shall be reviewed at least every 3 years and amended or revoked as required. 4. Establishment of the Carbon Dividend Trust Fund (a) In general Subchapter A of chapter 98 of the Internal Revenue Code of 1986 is amended by adding at the end the following: 9512. Carbon Dividend Trust Fund (a) Establishment and funding There is hereby established in the Treasury of the United States a trust fund to be known as the Carbon Dividend Trust Fund , consisting of such amounts as may be appropriated to such trust fund as provided for in this section. (b) Transfers to the Carbon Dividend Trust Fund There is hereby appropriated to the Carbon Dividend Trust Fund amounts equal to the fees received into the Treasury less any amounts refunded or paid under section 9902(d) or 9906 of chapter 101 for each month. (c) Expenditures Amounts in the trust fund shall be available for the following purposes: (1) Administrative expenses So much of the expenses necessary to administer the Carbon Dividend Trust Fund for each year, as does not exceed— (A) in the case of the first 5 calendar years ending after the date of the enactment of this section, the