H.R. 3424 · 113th Congress
Converting Methane Into Petroleum Act of 2013
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
LarsonSponsor9 cosponsors · 5 D, 4 R
D
Enyart
ES
D
Swalwell
LS
D
Sánchez
EB
D
Blumenauer
MT
D
Thompson
GT
R
Thompson
TC
R
Cole
MT
R
Thornberry
PS
R
Sessions0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Converting Methane Into Petroleum Act of 2013 - 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…
What it does: CRS summary · Introduced in House · Oct 30, 2013
Converting Methane Into Petroleum Act of 2013 - 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, 2024. Defines "qualified methane conversion technology" as a process for the molecular conversion 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Converting Methane Into Petroleum Act of 2013
Latest action (Oct 30, 2013): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Oct 30, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.