HR 6146 · 117th Congress · Taxation

Stranded Gas Recovery and Utilization Act of 2021

Introduced 2021-12-07· Sponsored by Rep. Burgess, Michael C. [R-TX-26]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-12-07)

Plain Language Summary

[AI summary unavailable — showing source text] Stranded Gas Recovery and Utilization Act of 2021 This bill allows a tax credit for investment in stranded gas infrastructure equal to 30% of the basis of any qualified infrastructure placed in service during a taxable year beginning after December 31, 2021, and before January 1, 2028. The term qualified infrastructure means a gas pipeline, a gas compressor station, a container used for gas storage, or equipment to store gas underground.…

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