To amend the Internal Revenue Code of 1986 to provide for an increased credit for carbon oxide sequestration for direct air capture facilities, and for other purposes.
USA116th CongressHR-5883| House
| Updated: 2/12/2020
David Schweikert
Republican Representative
Arizona
Cosponsors (2)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill provides for an increased carbon oxide sequestration tax credit for direct air capture facilities.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Air qualityClimate change and greenhouse gasesIncome tax creditsIndustrial facilities
To amend the Internal Revenue Code of 1986 to provide for an increased credit for carbon oxide sequestration for direct air capture facilities, and for other purposes.
USA116th CongressHR-5883| House
| Updated: 2/12/2020
This bill provides for an increased carbon oxide sequestration tax credit for direct air capture facilities.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
David Schweikert
Republican Representative
Arizona
Cosponsors (2)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Air qualityClimate change and greenhouse gasesIncome tax creditsIndustrial facilities