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- S.1321
S.1321: Practical Energy Plan Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about energy
- Introduced June 30, 2011
- Latest Major Action June 30, 2011
Bill Sponsor
Bill Summary
Practical Energy Plan Act of 2011 - Amends the Internal Revenue Code to allow a new tax credit for investment in a qualifying pioneer project. Defines a "qualifying pioneer project" as a project which captures carbon dioxide that is emitted in connection with power generation or industrial production, that is subject to an eligible enhanced oil recovery contract, and that is delivered for use by a qualified carbon dioxide trunkline that has a...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
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| June 30, 2011 |
Introduced in the Senate by Richard G. Lugar (R-Ind.) |