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H.R. 4905

Investing in Energy Systems for the Transport of CO2 Act of 2019

Investing in Energy Systems for the Transport of CO2 Act of 2019

This bill directs the Department of Transportation (DOT) to provide secured loans or loan guarantees to private entities for the construction of common carrier pipelines that transport anthropogenic carbon dioxide as a supercritical fluid.

The bill prohibits DOT from providing loans to finance more than one common carrier trunk pipeline project of which the majority of the pipeline will be constructed in a single census region.

DOT must give priority to projects that propose construction of a common carrier trunk pipeline project in an area where pipelines or other linear infrastructure already exist.

DOT may provide loans only if all of the iron, steel, and manufactured goods used in the project are produced in the United States, with specified exceptions.

Referred to the Subcommittee on Coast Guard and Maritime Transportation.

Rep. Bustos, Cheri [D-IL-17](D-IL)Sponsor
1committees7actions9subjects
  1. Committee

    Referred to the Subcommittee on Coast Guard and Maritime Transportation.

    Coast Guard and Maritime Transportation Subcommittee
  2. Committee

    Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

    Railroads, Pipelines, and Hazardous Materials Subcommittee
  3. Committee

    Referred to the Subcommittee on Aviation.

    Aviation Subcommittee
  4. Committee

    Referred to the Subcommittee on Highways and Transit.

    Highways and Transit Subcommittee
  5. IntroReferralH11100

    Referred to the House Committee on Transportation and Infrastructure.

    Transportation and Infrastructure Committee
  6. IntroReferralIntro-H

    Introduced in House

  7. IntroReferral1000

    Introduced in House

Investing in Energy Systems for the Transport of CO2 Act of 2019 — Informed