H.R. 5883 · 116th Congress
To amend the Internal Revenue Code of 1986 to provide for an increased credit for carbon oxide sequestration for direct air capture facilities, and for other purposes.
- Stage
- In committee
- Sponsor
- David Schweikert
- Introduced
- 2020-02-12
- Latest action
- 2020-02-12 · Introduced in House
Summary
This bill provides for an increased carbon oxide sequestration tax credit for direct air capture facilities.