Skip to content
PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 1062 (117th)

ACCESS 45Q Act

referredUnited States· United States Congress· EN

Introduced

15 February 2021

Last action

15 February 2021 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. McKinley, David B. [R-WV-1], Rep. Veasey, Marc A. [D-TX-33], Rep. Armstrong, Kelly [R-ND-At Large], Rep. Bergman, Jack [R-MI-1], Rep. Bustos, Cheri [D-IL-17], Rep. Doyle, Michael F. [D-PA-14], Rep. Mooney, Alexander X. [R-WV-2], Rep. Moolenaar, John R. [R-MI-2], Rep. Ryan, Tim [D-OH-13], Rep. Peters, Scott H. [D-CA-50], Rep. Feenstra, Randy [R-IA-4], Rep. Cole, Tom [R-OK-4], Rep. Wild, Susan [D-PA-7], Rep. Meuser, Daniel [R-PA-9], Rep. Reschenthaler, Guy [R-PA-14], Anthony Gonzalez, Rep. Miller-Meeks, Mariannette [R-IA-1], Rep. Fletcher, Lizzie [D-TX-7], Rep. Hinson, Ashley [R-IA-2]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Summary

Accelerating Carbon Capture and Extending Secure Storage through 45Q Act or the ACCESS 45Q Act This bill extends the tax credit for carbon oxide sequestration through 2035 and allows taxpayers an election to receive payments in lieu of the credit. The bill also permits an allowance of the carbon oxide tax credit against the base erosion minimum tax. The base erosion minimum tax is a tax on large corporation that is calculated after adding back to taxable income certain deductible payments made to related foreign persons.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 15 February 2021

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 15 February 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 15 February 2021

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in House (text)

    Introduced in House · EN · 15 February 2021

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 15 February 2021

    ViewDownloadOpen at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

  • Introduced in House

    summary · EN · 15 February 2021

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.