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- S.4041
S.4041: Save American Vital Energy Jobs Act
About This Bill
- Introduced June 23, 2020
- Latest Major Action June 23, 2020
Bill Sponsor
Bill Cosponsors
11 (All Republicans)
Bill Version
- Introduced in Senate - June 23, 2020
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)
Bill Actions
| Date | Description |
|---|---|
| June 23, 2020 |
Read twice and referred to the Committee on Finance.
|
| June 23, 2020 |
Introduced in the Senate by John Cornyn (R-Texas) |