carbon fee adjustment. . 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 9905 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 administrative expenses for any year may not exceed 8 percent of amounts appropriated to the Carbon Dividend Trust Fund during such year, and (B) in the case of any calendar year thereafter, 2 percent of the 5-year rolling average of the amounts appropriated to the Carbon Dividend Trust Fund. (2) Other administrative expenses So much of the expenses as are necessary to administer chapter 101 for any year as does not to exceed 0.60 percent of the amounts appropriated to the Carbon Dividend Trust Fund for the previous year, and further limited as follows: (A) The Department of the Treasury. (B) The Social Security Administration. (C) The Environmental Protection Agency. (D) Department of State. (3) Carbon dividend payments (A) In general From the amounts in the Carbon Dividend Trust Fund made available under paragraphs (1) and (2) of this subsection for any year, the Secretary shall for each month beginning no more than 270 days after the date