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<BillSummaries>
<item congress="113" measure-type="hr" measure-number="3424" measure-id="id113hr3424" originChamber="HOUSE" orig-publish-date="2013-10-30" update-date="2013-12-18">
<title>Converting Methane Into Petroleum Act of 2013</title>
<summary summary-id="id113hr3424v00" currentChamber="HOUSE" update-date="2013-12-18">
<action-date>2013-10-30</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p>Converting Methane Into Petroleum Act of 2013 - Amends the Internal Revenue Code to: (1) include in the tax credit for investment in a qualifying gasification project any qualified methane conversion technology, and (2) allow an alternative fuel excise tax credit for liquid fuel produced through qualified methane conversion technology at a facility the construction of which begins before October 1, 2024. Defines &quot;qualified methane conversion technology&quot; as a process for the molecular conversion of methane into hydrocarbons and the use of such hydrocarbons to replace or reduce the quantity of petroleum present in motor vehicle fuel and for the production of chemicals.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries 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.</dc:description>
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