S 3566 · 115th Congress · Taxation
Advancing Carbon Capture in Energy Generation Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2018-10-10)
Plain Language Summary
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Advancing Carbon Capture in Energy Generation Act This bill amends the Internal Revenue Code, with respect to the tax credit for advanced coal projects, to: (1) lower the carbon dioxide sequestration requirement to 60% for certain electrical generating units in existence on October 3, 2008, and (2) revise certain technology and environmental performance requirements.…
Summarized by Claude AI · Non-partisan · For informational purposes only