S.3459: A bill to amend the Internal Revenue Code of 1986 to enhance the requirements for secure geological storage of carbon dioxide for purposes of the carbon dioxide sequestration credit.

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Bill Summary

This bill amends the Internal Revenue Code to revise requirements for the secure geological storage of carbon dioxide for the purpose of the tax credit for carbon dioxide sequestration. The bill establishes a December 31, 2016, deadline and requirements for regulations that the Internal Revenue Service (IRS) is required, under current law, to establish for determining adequate security measures for the geological storage of the carbon dioxide...

(Source: Library of Congress)

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There is one statement associated with S.3459.

Bill Actions

Date Description
Sept. 28, 2016
Read twice and referred to the Committee on Finance.
Sept. 28, 2016

Introduced in the Senate by John Hoeven (R-N.D.)

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