S 5167 · 118th Congress · Taxation

Methane Reduction and Economic Growth Act

Introduced 2024-09-25· Sponsored by Sen. Warner, Mark R. [D-VA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2024-09-25)

Plain Language Summary

[AI summary unavailable — showing source text] Methane Reduction and Economic Growth Act  This bill establishes a new tax credit for qualified methane mine capture. The bill defines  qualified methane as any methane that is captured from mining activities by methane capture equipment, would otherwise be released into the atmosphere as an industrial emission of greenhouse gas or lead to such release, and is measured at the source of capture and verified at the point of injection or utilization. …

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

Cosponsors (1)

1 Republican