3.0.0 843 2023-01-11T13:36:59Z 2023-01-11T13:36:59Z Senate S 2017-04-05 115 ssfi00 Finance Committee Senate Standing Referred to 2017-04-05T21:17:20Z Carbon Capture Improvement Act of 2017 115 2011 HR 2017-04-06 Referred to the House Committee on Ways and Means. Identical bill CRS 2017-04-05 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2017-04-05 Introduced in Senate IntroReferral 10000 9 Library of Congress B001267 Sen. Bennet, Michael F. [D-CO] Michael Bennet D CO N P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2017-04-05 True H001069 Sen. Heitkamp, Heidi [D-ND] Heidi Heitkamp D ND 2017-09-06 False C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2017-10-18 False Taxation Air quality Climate change and greenhouse gases Income tax exclusion Industrial facilities Manufacturing Oil and gas Securities Taxation 00 2017-04-05 Introduced in Senate 2017-04-25T21:00:12Z Carbon Capture Improvement Act of 2017

This bill amends the Internal Revenue Code to authorize the issuance of tax-exempt facility bonds for the financing of qualified carbon dioxide capture facilities.

A "qualified carbon dioxide capture facility" is any equipment installed in an industrial carbon dioxide facility that satisfies specified capture and storage requirements and: (1) is used for the capture, treatment and purification, compression, transportation, or on-site storage of carbon dioxide produced by the industrial carbon dioxide facility; or (2) is integral or functionally related and subordinate to a gasification process that converts a product from coal, petroleum residue, biomass, or other materials which are recovered for their energy or feedstock value into a synthesis gas composed primarily of carbon dioxide and hydrogen for direct use or subsequent chemical or physical conversion.

]]> Carbon Capture Improvement Act of 2017 Display Title Carbon Capture Improvement Act of 2017 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide for the issuance of exempt facility bonds for qualified carbon dioxide capture facilities. Introduced in Senate IS Short Titles as Introduced Carbon Capture Improvement Act of 2017 Introduced in Senate 2017-04-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s843is/xml/BILLS-115s843is.xml 2017-04-05 Read twice and referred to the Committee on Finance. 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.