S.3132: Accelerating Carbon Capture and Sequestration Act of 2008

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about taxation
  • Introduced June 12, 2008
  • Latest Major Action June 12, 2008

Bill Sponsor

Bill Summary

Accelerating Carbon Capture and Sequestration Act of 2008 - Amends the Internal Revenue Code to allow a business-related tax credit for the capture and sequestration of carbon dioxide which would otherwise be released into the atmosphere as a greenhouse gas emission.

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
June 12, 2008

Introduced in the Senate by Max Baucus (D-Mont.)

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