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- H.R.4622
H.R.4622: Carbon Capture Act
About This Bill
- Introduced Feb. 25, 2016
- Latest Major Action Feb. 25, 2016
Bill Sponsor
Bill Cosponsors
49 (17 Democrats, 32 Republicans)
Bill Summary
Carbon Capture Act This bill amends the Internal Revenue Code, with respect to the tax credit for carbon dioxide sequestration, to: (1) make such credit permanent after 2015; (2) increase such credit after 2024 for a qualified facility originally placed in service after December 31, 2015; (3) allow such credit to a person who disposes of, or uses as a tertiary injectant, the carbon dioxide; and (4) modify the definition of "qualified...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Feb. 25, 2016 |
Referred to the House Committee on Ways and Means.
|
Feb. 25, 2016 |
Introduced in the House by K. Michael Conaway (R-Texas) |