summary
Introduced
11/19/2019
11/19/2019
In Committee
11/19/2019
11/19/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to extend the credit for carbon oxide sequestration. This bill extends for one year the tax credit for carbon oxide sequestration.
AI Summary
This bill extends for one year the tax credit for carbon oxide sequestration. Specifically, it amends the Internal Revenue Code of 1986 to extend the credit for carbon oxide sequestration from January 1, 2024 to January 1, 2025. The amendment applies to facilities the construction of which begins after December 31, 2023.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Referred to the House Committee on Ways and Means. (on 11/19/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/5156/all-info |
| BillText | https://www.congress.gov/116/bills/hr5156/BILLS-116hr5156ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr5156/BILLS-116hr5156ih.pdf.pdf |
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