Bill117th CongressFiled Apr 16, 2021Taxation
H.R. 2633
To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in house (Apr 16, 2021)
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.
What just happenedApr 16, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Schweikert, David [R-AZ-6](R-AZ)Sponsor
2 cosponsors2 R
2cosponsors1committees3actions4subjects
- Introduced in HouseApr 16, 2021
- Apr 16, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 16, 2021IntroReferralIntro-H
Introduced in House
- Apr 16, 2021IntroReferral1000
Introduced in House