Capitalizing on American Methane Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 30, 2015)
Capitalizing on American Methane Act of 2015
Amends the Internal Revenue Code to: (1) include in the tax credit for investment in a qualifying gasification project any qualified methane conversion technology, and (2) allow an alternative fuel excise tax credit for liquid fuel produced through qualified methane conversion technology at a facility the construction of which begins before October 1, 2025. Defines "qualified methane conversion technology" as a process for the molecular conversion of a fuel consisting principally of methane into hydrocarbons and the use of such hydrocarbons to replace or reduce the quantity of petroleum present in motor vehicle fuel and for the production of chemicals.
What just happenedApr 30, 2015
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseApr 30, 2015
- Apr 30, 2015IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Apr 30, 2015IntroReferralIntro-H
Introduced in House
- Apr 30, 2015IntroReferral1000
Introduced in House