[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4096 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 4096

 To authorize the Secretary of Energy to establish a prize competition 
for the research, development, or commercialization of technology that 
   would reduce the amount of carbon in the atmosphere, including by 
 capturing or sequestering carbon dioxide or reducing the emission of 
                            carbon dioxide.


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                    IN THE HOUSE OF REPRESENTATIVES

                            October 23, 2017

 Ms. Meng (for herself, Mr. Raskin, and Ms. Velazquez) introduced the 
following bill; which was referred to the Committee on Science, Space, 
                             and Technology

_______________________________________________________________________

                                 A BILL


 
 To authorize the Secretary of Energy to establish a prize competition 
for the research, development, or commercialization of technology that 
   would reduce the amount of carbon in the atmosphere, including by 
 capturing or sequestering carbon dioxide or reducing the emission of 
                            carbon dioxide.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Carbon Capture Prize Act''.

SEC. 2. ESTABLISHMENT OF PRIZE COMPETITION.

    (a) Prize Competition.--The Secretary of Energy, individually or in 
cooperation with the heads of other Federal agencies, shall carry out a 
program pursuant to section 24 of the Stevenson-Wydler Technology 
Innovation Act of 1980 (15 U.S.C. 3719) to award prizes competitively 
to incentivize the research, development, or commercialization of 
technology that reduces the amount of carbon dioxide in the atmosphere, 
including by capturing or sequestering carbon dioxide or reducing the 
emission of carbon dioxide.
    (b) Prize Amount.--In carrying out the program established under 
subsection (a), the Secretary may award not more than $5,000,000, in 
the aggregate, to the winner or winners of the prize competition.
    (c) Definition of Federal Agency.--In this section, the term 
``Federal agency'' has the meaning given the term under section 
24(a)(3) of the Stevenson-Wydler Technology Innovation Act of 1980 (15 
U.S.C. 3719 (a)(3)).
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