[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5156 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 5156

  To amend the Internal Revenue Code of 1986 to extend the credit for 
                      carbon oxide sequestration.


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                    IN THE HOUSE OF REPRESENTATIVES

                           November 19, 2019

   Ms. Sewell of Alabama (for herself, Mr. Suozzi, Ms. Sanchez, Mr. 
   Panetta, and Ms. Moore) introduced the following bill; which was 
              referred to the Committee on Ways and Means

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                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to extend the credit for 
                      carbon oxide sequestration.

    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 and Sequestration 
Extension Act of 2019''.

SEC. 2. EXTENSION OF CREDIT FOR CARBON OXIDE SEQUESTRATION.

    (a) In General.--Section 45Q(d)(1) of the Internal Revenue Code of 
1986 is amended by striking ``January 1, 2024'' and inserting ``January 
1, 2025''.
    (b) Effective Date.--The amendment made by this section applies to 
facilities the construction of which begins after December 31, 2023.
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