3.0.0 4622 2023-01-11T13:32:05Z 2023-01-11T13:32:05Z House HR 2016-02-25 114 [Congressional Record Volume 162, Number 30 (Thursday, February 25, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CONAWAY:H.R. 4622.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1[Page H949]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-02-25T15:01:20Z 2016-02-25 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-02-25 Sponsor introductory remarks on measure. (CR H895) IntroReferral B00100 9 Library of Congress 2016-02-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-02-25 Introduced in House IntroReferral 1000 9 Library of Congress C001062 Rep. Conaway, K. Michael [R-TX-11] K. Conaway R TX Michael 11 N M001180 Rep. McKinley, David B. [R-WV-1] David McKinley R WV B. 1 2016-02-25 True H001045 Rep. Harper, Gregg [R-MS-3] Gregg Harper R MS 3 2016-02-25 True T000470 Rep. Tipton, Scott R. [R-CO-3] Scott Tipton R CO R. 3 2016-02-25 True L000571 Rep. Lummis, Cynthia M. [R-WY-At Large] Cynthia Lummis R WY M. 0 2016-02-25 True C001096 Rep. Cramer, Kevin [R-ND-At Large] Kevin Cramer R ND 0 2016-02-25 True J000297 Rep. Jenkins, Evan H. [R-WV-3] Evan Jenkins R WV H. 3 2016-02-25 True V000131 Rep. Veasey, Marc A. [D-TX-33] Marc Veasey D TX A. 33 2016-02-25 True B001282 Rep. Barr, Andy [R-KY-6] Andy Barr R KY 6 2016-02-25 True D000482 Rep. Doyle, Michael F. [D-PA-14] MIKE DOYLE D PA 14 2016-02-25 True B000213 Rep. Barton, Joe [R-TX-6] JOE BARTON R TX L. 6 2016-02-25 True B001275 Rep. Bucshon, Larry [R-IN-8] Larry Bucshon R IN 8 2016-02-25 True P000258 Rep. Peterson, Collin C. [D-MN-7] COLLIN PETERSON D MN C. 7 2016-02-25 True M001194 Rep. Moolenaar, John R. [R-MI-4] John Moolenaar R MI R. 4 2016-02-25 True D000619 Rep. Davis, Rodney [R-IL-13] Rodney Davis R IL 13 2016-02-25 True M001151 Rep. Murphy, Tim [R-PA-18] Tim Murphy R PA 18 2016-02-25 True J000292 Rep. Johnson, Bill [R-OH-6] Bill Johnson R OH 6 2016-02-25 True B001255 Rep. Boustany, Charles W., Jr. [R-LA-3] Charles Boustany R LA W. 3 2016-02-25 True H001058 Rep. Huizenga, Bill [R-MI-2] Bill Huizenga R MI 2 2016-02-25 True T000193 Rep. Thompson, Bennie G. [D-MS-2] BENNIE THOMPSON D MS 2 2016-02-29 False C001059 Rep. Costa, Jim [D-CA-16] Jim Costa D CA 16 2016-02-29 False R000575 Rep. Rogers, Mike D. [R-AL-3] Mike Rogers R AL 3 2016-03-01 False W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 2016-03-03 False K000388 Rep. Kelly, Trent [R-MS-1] Trent Kelly R MS 1 2016-03-03 False P000601 Rep. Palazzo, Steven M. [R-MS-4] Steven Palazzo R MS M. 4 2016-03-03 False S001185 Rep. Sewell, Terri A. [D-AL-7] Terri Sewell D AL A. 7 2016-03-07 False R000577 Rep. Ryan, Tim [D-OH-13] TIM RYAN D OH 13 2016-03-07 False P000606 Rep. Pittenger, Robert [R-NC-9] Robert Pittenger R NC 9 2016-03-07 False A000372 Rep. Allen, Rick W. [R-GA-12] Rick Allen R GA W. 12 2016-03-15 False P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2016-03-16 False L000557 Rep. Larson, John B. [D-CT-1] JOHN LARSON D CT B. 1 2016-03-21 False J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2016-05-03 False S001196 Rep. Stefanik, Elise M. [R-NY-21] Elise Stefanik R NY M. 21 2016-05-17 False B001227 Rep. Brady, Robert A. [D-PA-1] ROBERT BRADY D PA A. 1 2016-05-18 False K000210 Rep. King, Peter T. [R-NY-2] PETER KING R NY T. 2 2016-05-24 False D000622 Rep. Duckworth, Tammy [D-IL-8] Tammy Duckworth D IL 8 2016-05-27 False C001092 Rep. Collins, Chris [R-NY-27] Chris Collins R NY 27 2016-06-24 False D000620 Rep. Delaney, John K. [D-MD-6] John Delaney D MD K. 6 2016-07-11 False C001107 Rep. Curbelo, Carlos [R-FL-26] Carlos Curbelo R FL 26 2016-07-13 False C001106 Rep. Costello, Ryan A. [R-PA-6] Ryan Costello R PA A. 6 2016-07-14 False G000564 Rep. Gibson, Christopher P. [R-NY-19] Christopher Gibson R NY P. 19 2016-09-06 False C001053 Rep. Cole, Tom [R-OK-4] Tom Cole R OK 4 2016-09-21 False N000127 Rep. Nolan, Richard M. [D-MN-8] RICHARD NOLAN D MN 8 2016-09-26 False G000410 Rep. Green, Gene [D-TX-29] GENE GREEN D TX 29 2016-09-26 False A000055 Rep. Aderholt, Robert B. [R-AL-4] ROBERT ADERHOLT R AL B. 4 2016-09-28 False B000490 Rep. Bishop, Sanford D., Jr. [D-GA-2] SANFORD BISHOP D GA D. 2 2016-09-28 False Z000018 Rep. Zinke, Ryan K. [R-MT-At Large] Ryan Zinke R MT K. 0 2016-11-15 False G000546 Rep. Graves, Sam [R-MO-6] SAM GRAVES R MO 6 2016-11-15 False V000132 Rep. Vela, Filemon [D-TX-34] Filemon Vela D TX 34 2016-12-07 False B001296 Rep. Boyle, Brendan F. [D-PA-13] Brendan Boyle D PA F. 13 2016-12-08 False Taxation Business investment and capital Climate change and greenhouse gases Income tax credits Industrial facilities Inflation and prices Taxation 00 2016-02-25 Introduced in House 2016-03-29T20:22:01Z Carbon Capture Act

This bill amends the Internal Revenue Code, with respect to the tax credit for carbon dioxide sequestration, to: (1) make such credit permanent after 2015; (2) increase such credit after 2024 for a qualified facility originally placed in service after December 31, 2015; (3) allow such credit to a person who disposes of, or uses as a tertiary injectant, the carbon dioxide; and (4) modify the definition of "qualified facility" for purposes of eligibility for such credit to require not less than 150,000 metric tons (currently, 500,000 metric tons) to be captured at such a facility during the taxable year.

]]> Carbon Capture Act Display Title Carbon Capture Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to improve and make permanent the credit for carbon dioxide sequestration. Introduced in House IH Short Titles as Introduced Carbon Capture Act Introduced in House 2016-02-25T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr4622ih/xml/BILLS-114hr4622ih.xml 2016-02-25 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.