Methane Reduction and Economic Growth Act

Summary

Methane Reduction and Economic Growth Act  This bill establishes a new tax credit for qualified methane mine capture. The bill defines  qualified methane as any methane that is captured from mining activities by methane capture equipment, would otherwise be released into the atmosphere as an industrial emission of greenhouse gas or lead to such release, and is measured at the source of capture and verified at the point of injection or utilization. 

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Timeline

1. 25 September 2024

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 25 September 2024

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 25 September 2024 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 25 September 2024

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 25 September 2024

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 25 September 2024

  Open at official source

Sponsors

• Mark Warner · D · Sponsor
• Shelley Capito · R · Sponsor
• · ssfi00 · Standing

Related records

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