HR 2633 · 117th Congress · Taxation
To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2021-04-16)
Plain Language Summary
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This bill modifies the tax credit for carbon oxide sequestration. It increases the applicable dollar amount of such credit, repeals the placed-in-service deadline, expands the types of facilities to which the credit applies, and extends the credit period from 12 to 20 years.…
Summarized by Claude AI · Non-partisan · For informational purposes only