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United States · Bill · S

S. 5167 (118th)

Methane Reduction and Economic Growth Act

referredUnited States· United States Congress· EN

Introduced

25 September 2024

Last action

25 September 2024 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Warner, Mark R. [D-VA], Sen. Capito, Shelley Moore [R-WV]

Subjects

Taxation

Source updated

21 October 2024

Taxation

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. 

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

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

Documents

3 official files

Introduced in Senate (text)

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  • 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

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  • Introduced in Senate

    summary · EN · 25 September 2024

    Open at official source

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Sponsors

Related records

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Sources

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