H.R.7579: SAVE Jobs Act

About This Bill

  • Introduced July 13, 2020
  • Latest Major Action July 13, 2020

Bill Version

Bill Summary

Save American Vital Energy Jobs Act or the SAVE Jobs Act This bill extends energy-related tax provisions and expands incentives for job creation in the energy sector during the COVID-19 (i.e., coronavirus disease 2019) emergency period. Specifically, the bill extends for one year the construction period for carbon oxide sequestration facilities for purposes of the tax credit, suspends capitalization rules in 2020 to permit immediate...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.7579.

Bill Actions

Date Description
July 13, 2020
Referred to the Subcommittee on Select Revenue Measures.
July 13, 2020
Referred to the Committee on Ways and Means, and in addition to the Committee on Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
July 13, 2020

Introduced in the House by Michael C. Burgess (R-Texas)

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