Bill117th CongressFiled Sep 7, 2021Taxation
H.R. 5179
NET Zero Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Sep 7, 2021)
Negating Emissions to Zero Act of 2021 or the NET Zero Act of 2021
This bill extends through 2031 the tax credit for carbon oxide sequestration. It also modifies carbon oxide capture requirements and sets forth a special rule for determining the applicable dollar amount for the deduction of costs relating to direct air capture facilities.
What just happenedSep 7, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Beyer, Donald S., Jr. [D-VA-8](D-VA)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions2related bills
- Introduced in HouseSep 7, 2021
- Sep 7, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Sep 7, 2021IntroReferralIntro-H
Introduced in House
- Sep 7, 2021IntroReferral1000
Introduced in House