HR 5179 · 117th Congress · Taxation
NET Zero Act of 2021
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2021-09-07)
Plain Language Summary
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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