HR 5179 · 117th Congress · Taxation

NET Zero Act of 2021

Introduced 2021-09-07· Sponsored by Rep. Beyer, Donald S., Jr. [D-VA-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-09-07)

Plain Language Summary

[AI summary unavailable — showing source text] Negating Emissions to Zero Act of 2021 or the NET Zero Act of 2021 This bill extends through 2031 the tax credit for carbon oxide sequestration. It also modifies carbon oxide capture requirements and sets forth a special rule for determining the applicable dollar amount for the deduction of costs relating to direct air capture facilities.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat