S.2288: Expanding Carbon Capture through Enhanced Oil Recovery Act of 2014

About This Bill

  • This bill was introduced in the 113th Congress
  • This bill is primarily about taxation
  • Introduced May 5, 2014
  • Latest Major Action May 5, 2014

Bill Cosponsor

Bill Summary

Expanding Carbon Capture through Enhanced Oil Recovery Act of 2014 - Amends the Internal Revenue Code to revise and expand the tax credit program for carbon dioxide sequestration by directing the Secretary of the Treasury to establish: (1) a process for annual competitive bidding for carbon dioxide sequestration credits, (2) a certification process that guarantees the availability of the credit for private sector companies investing in...

(Source: Library of Congress)

Bill Actions

Date Description
May 5, 2014
Read twice and referred to the Committee on Finance.
May 5, 2014

Introduced in the Senate by John D. Rockefeller IV (D-W.Va.)

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