3.0.0 5167 2024-10-21T14:50:37Z 2024-10-21T14:50:37Z Senate S S 2024-09-25 118 ssfi00 Finance Committee Senate Standing Referred to 2024-09-25T15:28:51Z 2024-09-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2024-09-25 Introduced in Senate IntroReferral 10000 9 Library of Congress W000805 Sen. Warner, Mark R. [D-VA] Mark Warner D VA R. N C001047 Sen. Capito, Shelley Moore [R-WV] Shelley Capito R WV Moore 2024-09-25 True Taxation Taxation 2024-10-17T14:43:36Z 00 2024-09-25 Introduced in Senate 2024-10-21T14:50:31Z Methane Reduction and Economic Growth Act 

This bill establishes a new tax credit for qualified methane mine capture. The bill defines qualified methane as any methane that is captured from mining activities by methane capture equipment, would otherwise be released into the atmosphere as an industrial emission of greenhouse gas or lead to such release, and is measured at the source of capture and verified at the point of injection or utilization. 

]]> Methane Reduction and Economic Growth Act Display Title 45 Methane Reduction and Economic Growth Act 2024-10-15T23:53:17Z Short Title(s) as Introduced 101 Methane Reduction and Economic Growth Act 2024-10-15T23:53:16Z Introduced in Senate IS Official Title as Introduced 6 A bill to amend section 45Q of the Internal Revenue Code of 1986 to establish the mine methane capture incentive credit. 2024-10-15T23:48:15Z Introduced in Senate IS Introduced in Senate 2024-09-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s5167is/xml/BILLS-118s5167is.xml 2024-09-25 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.