Definitions

In this Act: (1) Global carbon tax The term global carbon tax means a tax imposed under a global fuel regime that— (A) requires the owner or operator of a vessel to reduce the level of greenhouse gases emitted by the vessel; and (B) imposes such a tax at set costs with respect to such level of emission of greenhouse gases. (2) United States entity The term United States entity means an entity organized under the laws of the United States or any jurisdiction within the United States.