H.R.4622: Carbon Capture Act

About This Bill

  • Introduced Feb. 25, 2016
  • Latest Major Action Feb. 25, 2016

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

There is one statement associated with H.R.4622.

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)

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