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United States · Bill · HR

H.R. 2633 (117th)

To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration.

referredUnited States· United States Congress· EN

Introduced

16 April 2021

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

This bill modifies the tax credit for carbon oxide sequestration. It increases the applicable dollar amount of such credit, repeals the placed-in-service deadline, expands the types of facilities to which the credit applies, and extends the credit period from 12 to 20 years.

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Documents

3 official files

Introduced in House (text)

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