H.R. 4408 · 117th Congress
Carbon Capture Improvement Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BurchettSponsor8 cosponsors · 1 D, 7 R
6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill authorizes the issuance of tax-exempt facility bonds for the financing of qualified carbon dioxide capture facilities.
What it does: CRS summary · Introduced in House · Jul 13, 2021
Carbon Capture Improvement Act of 2021
This bill authorizes the issuance of tax-exempt facility bonds for the financing of qualified carbon dioxide capture facilities.
A qualified carbon dioxide capture facility is any equipment installed in an industrial carbon dioxide facility that satisfies specified capture and storage requirements and (1) is used for the capture, treatment and purification, compression, transportation, or on-site storage of carbon dioxide produced by the industrial carbon dioxide facility; or (2) is integral or functionally related and subordinate to a gasification process that converts a product from coal, petroleum residue, biomass, or other materials that are recovered for their energy or feedstock value into a synthesis gas composed primarily of carbon dioxide and hydrogen for direct use or subsequent chemical or physical conversion.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Carbon Capture Improvement Act of 2021
Latest action (Jul 13, 2021): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jul 13, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.