Bill116th CongressFiled Dec 7, 2020Taxation
S. 4966
45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2020
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Dec 7, 2020)
45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2020
This bill extends the tax credi for carbon oxide sequestration through 2028 and allows taxpayers an election to receive payments in lieu of the credit and the credit for qualifying advanced coal projects.
What just happenedDec 7, 2020
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Capito, Shelley Moore [R-WV](R-WV)Sponsor
9 cosponsors4 D5 R
9cosponsors1committees2actions2related bills
- Introduced in SenateDec 7, 2020
- Dec 7, 2020IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Dec 7, 2020IntroReferral10000
Introduced in Senate