US SB3566 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on October 10 2018 - 25% progression, died in committee
Action: 2018-10-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 10 2018 - 25% progression, died in committee
Action: 2018-10-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Advancing Carbon Capture in Energy Generation Act This bill amends the Internal Revenue Code, with respect to the tax credit for advanced coal projects, to: (1) lower the carbon dioxide sequestration requirement to 60% for certain electrical generating units in existence on October 3, 2008, and (2) revise certain technology and environmental performance requirements.
Title
Advancing Carbon Capture in Energy Generation Act
Sponsors
| Sen. Heidi Heitkamp [D-ND] | Sen. Tina Smith [D-MN] | Sen. Joe Manchin [D-WV] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-10-10 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB5159 (Related) 2018-03-05 - Referred to the House Committee on Ways and Means.
Subjects
Air quality
Business investment and capital
Climate change and greenhouse gases
Coal
Electric power generation and transmission
Environmental technology
Income tax credits
Taxation
Business investment and capital
Climate change and greenhouse gases
Coal
Electric power generation and transmission
Environmental technology
Income tax credits
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/3566/all-info |
| Text | https://www.congress.gov/115/bills/s3566/BILLS-115s3566is.pdf |
