US Congress House Bill 2010 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 7)
Status: Introduced on April 6 2017 - 25% progression, died in committee
Action: 2017-04-06 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

CO2 Regulatory Certainty Act This bill amends the Internal Revenue Code to revise requirements for the secure geological storage of carbon dioxide for the purpose of the tax credit for carbon dioxide sequestration. The bill establishes a December 31, 2017, deadline and requirements for regulations that the Internal Revenue Service (IRS) is required, under current law, to establish for determining adequate security measures for the geological storage of the carbon dioxide such that carbon dioxide does not escape into the atmosphere. The IRS regulations must consider the carbon dioxide to be disposed of in secure geological storage if it is stored in compliance with specified rules promulgated by the Environmental Protection Agency under the Clean Air Act and the Safe Drinking Water Act for the geologic sequestration of carbon dioxide, the injection of carbon dioxide, and the criteria and standards for underground injection control programs that are applicable to Class II wells.

CO2 Regulatory Certainty Act

Sen. Kevin Cramer [R-ND]	Rep. David McKinley [R-WV]	Rep. Jeff Duncan [R-SC]	Rep. Steven Palazzo [R-MS]
Rep. Gregg Harper [R-MS]	Rep. Sam Johnson [R-TX]	Rep. Greg Gianforte [R-MT]

Date	Chamber	Action
2017-04-06	House	Referred to the House Committee on Ways and Means.
2017-04-06	House	Introduced in House

SB1663 (Related) 2017-07-27 - Read twice and referred to the Committee on Finance.
HB4857 (Related) 2018-01-19 - Referred to the House Committee on Ways and Means.
SB2256 (Related) 2017-12-20 - Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/2010/all-info
Text	https://www.congress.gov/115/bills/hr2010/BILLS-115hr2010ih.pdf