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- H.R.1062
H.R.1062: ACCESS 45Q Act
About This Bill
- Introduced Feb. 15, 2021
- Latest Major Action Feb. 15, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
19 (7 Democrats, 12 Republicans)
Bill Version
- Introduced in House - Feb. 15, 2021
Bill Summary
Accelerating Carbon Capture and Extending Secure Storage through 45Q Act or the ACCESS 45Q Act This bill extends the tax credit for carbon oxide sequestration through 2035 and allows taxpayers an election to receive payments in lieu of the credit. The bill also permits an allowance of the carbon oxide tax credit against the base erosion minimum tax. The base erosion minimum tax is a tax on large corporation that is calculated after adding...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 15, 2021 |
Referred to the House Committee on Ways and Means.
|
| Feb. 15, 2021 |
Introduced in the House by David McKinley (R-W.Va.) |