H.R.2633: To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration.

About This Bill

  • Introduced April 16, 2021
  • Latest Major Action April 16, 2021

Bill Cosponsors

2 (All Republicans)

Bill Version

Bill Summary

This bill modifies the tax credit for carbon oxide sequestration. It increases the applicable dollar amount of such credit, repeals the placed-in-service deadline, expands the types of facilities to which the credit applies, and extends the credit period from 12 to 20 years.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.2633.

Bill Actions

Date Description
April 16, 2021
Referred to the House Committee on Ways and Means.
April 16, 2021

Introduced in the House by David Schweikert (R-Ariz.)

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