H.R. 8858 · 116th Congress
Accelerating Carbon Capture and Extending Secure Storage through 45Q Act
- Stage
- In committee
- Sponsor
- David McKinley
- Introduced
- 2020-12-03
- Latest action
- 2020-12-03 · Introduced in House
Summary
Accelerating Carbon Capture and Extending Secure Storage through 45Q Act or the ACCESS 45Q Act
This bill extends the tax credit for carbon oxide sequestration through 2033 and allows taxpayers an election to receive payments in lieu of the credit.