received in the Treasury under subtitle L of the Internal Revenue Code of 1986 (relating greenhouse gas emissions), to be distributed equally among each individual entitled to monthly insurance benefits under title II of the Social Security Act, or to an annuity under section 2 of the Railroad Retirement Act of 1974 for the first month of each year. III Distribution of Revenues From Taxation of Greenhouse Gas Emissions 301. Establishment of the Carbon Trust Fund (a) Creation of Trust Fund There is hereby created in the Treasury of the United States a trust fund to be known as the CARBON Trust Fund . (b) Transfers to Trust Fund There are hereby appropriated to the CARBON Trust Fund amounts equivalent to 15 percent of the taxes received in the Treasury under subtitle L of the Internal Revenue Code of 1986 (as added by title I of this Act). 302. Appropriations from the CARBON Trust Fund Amounts in the CARBON Trust Fund for a fiscal year shall be available, as provided by appropriation Acts, as follows: (1) Fifty percent of such amounts shall be available for State block grants to be used to offset higher energy costs for low-income households. (2) Fifty percent of such amounts shall be available for climate adaptation, carbon sequestration, energy efficiency, and advanced R&D programs. IV Amendments to Federal Environmental Statutes 401. Amendments to the Clean Air Act (a) In general Title III of the Clean Air Act ( 42 U.S.C. 7601 ) is amended by adding at the end the following: 330. Moratorium against certain regulations based on greenhouse gas effects (a) Fuels Unless specifically authorized in section 202, 211, 213, 231, or this section, after a fossil fuel has passed through a point of taxation as provided in section 9901(d) of the Internal Revenue Code of 1986, subject to subsection (g), the Administrator shall not publish or enforce any rule limiting the emission of greenhouse gases from the combustion of that fuel under this Act (or impose any requirement on any State to limit such emission) on the basis of