S.1535: FUTURE Act

About This Bill

  • Introduced July 12, 2017
  • Latest Major Action July 12, 2017

Bill Version

Bill Summary

Furthering carbon capture, Utilization, Technology, Underground storage, and Reduced Emissions Act or the FUTURE Act This bill amends the Internal Revenue Code to extend and modify the tax credit for carbon dioxide sequestration. The bill modifies the credit to apply it to carbon oxide sequestration. (Carbon oxide refers to any of the three oxides of carbon: carbon dioxide, carbon monoxide, and carbon suboxide.) The bill also: allows certain...

(Source: Library of Congress)

Bill Actions

Date Description
July 12, 2017
Read twice and referred to the Committee on Finance.
July 12, 2017

Introduced in the Senate by Heidi Heitkamp (D-N.D.)

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