3.0.0 8858 2023-01-11T13:44:02Z 2023-01-11T13:44:02Z House HR 2020-12-03 116 [Congressional Record Volume 166, Number 204 (Thursday, December 3, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. McKINLEY:H.R. 8858.Congress has the power to enact this legislation pursuantto the following:Section 8--Powers of Congress. To make all Laws which shallbe necessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by thisConstitution in the Government of the United States, or inany Department or Officer thereof.[Page H6142]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-12-03T15:00:05Z 45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2020 116 4966 S 2020-12-07 Read twice and referred to the Committee on Finance. Related bill CRS 2020-12-03 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-12-03 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-12-03 Introduced in House IntroReferral 1000 9 Library of Congress M001180 Rep. McKinley, David B. [R-WV-1] David McKinley R WV B. 1 N V000131 Rep. Veasey, Marc A. [D-TX-33] Marc Veasey D TX A. 33 2020-12-03 True A000377 Rep. Armstrong, Kelly [R-ND-At Large] Kelly Armstrong R ND 0 2020-12-03 True B001286 Rep. Bustos, Cheri [D-IL-17] Cheri Bustos D IL 17 2020-12-03 True M001195 Rep. Mooney, Alexander X. [R-WV-2] Alexander Mooney R WV X. 2 2020-12-03 True D000482 Rep. Doyle, Michael F. [D-PA-18] MIKE DOYLE D PA 18 2020-12-03 True F000468 Rep. Fletcher, Lizzie [D-TX-7] Lizzie Fletcher D TX 7 2020-12-03 True B001301 Rep. Bergman, Jack [R-MI-1] Jack Bergman R MI 1 2020-12-03 True M001194 Rep. Moolenaar, John R. [R-MI-4] John Moolenaar R MI R. 4 2020-12-08 False Taxation Air quality Climate change and greenhouse gases Electric power generation and transmission Income tax credits Tax administration and collection, taxpayers Taxation 00 2020-12-03 Introduced in House 2021-01-04T18:27:35Z Accelerating Carbon Capture and Extending Secure Storage through 45Q Act or the ACCESS 45Q Act

This bill extends the tax credit for carbon oxide sequestration through 2033 and allows taxpayers an election to receive payments in lieu of the credit.

]]> ACCESS 45Q Act Display Title ACCESS 45Q Act Short Title(s) as Introduced ACCESS 45Q Act Introduced in House IH Short Title(s) as Introduced Accelerating Carbon Capture and Extending Secure Storage through 45Q Act Introduced in House IH Official Title as Introduced To amend the Internal Revenue Code of 1986 to extend and allow an elective payment of the tax credit for carbon oxide sequestration. Introduced in House IH Introduced in House 2020-12-03T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8858ih/xml/BILLS-116hr8858ih.xml 2020-12-03 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.