VotedBy VotedBy ⌕
Election Day · Tue, Nov 3See how your members of Congress voted →

H.R. 3761 · 115th Congress

Carbon Capture Act

Key: what the circles and colors mean

Each circle is a bill. The ring fills as it moves through Congress:

IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.

Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.

Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

This bill amends the Internal Revenue Code to extend and modify the tax credit for carbon dioxide (CO2) sequestration. The bill modifies the credit to:

What it does: CRS summary · Introduced in House · Sep 13, 2017

Carbon Capture Act

This bill amends the Internal Revenue Code to extend and modify the tax credit for carbon dioxide (CO2) sequestration. The bill modifies the credit to:

  • allow certain new industrial or direct air capture facilities to qualify for the credit if construction begins before 2024;
  • allow qualified projects to claim the credit for 15 years, beginning on the date the equipment was originally placed in service;
  • increase the credit amounts for certain projects placed in service upon or after the enactment of this bill;
  • expand the purposes for which captured CO2 may be used;
  • modify the requirements for the amount of CO2 that must be captured;
  • specify that the 75 million metric ton cap on the CO2 that may qualify for the credit applies only to projects placed in service before the enactment of this bill;
  • allow the credit to be transferred from the entity that owns and uses the capture equipment to the entity that disposes of or uses the CO2; and
  • allow certain facilities that were placed in service after 2015 and have not previously claimed the credit to be treated as placed in service on the date of the enactment of this bill.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Carbon Capture Act

Latest action (Sep 13, 2017): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Sep 13, 2017

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.