H.R. 5179 · 117th Congress
Negating Emissions to Zero Act of 2021
- Stage
- In committee
- Sponsor
- Donald Beyer
- Introduced
- 2021-09-07
- Latest action
- 2021-09-07 · Introduced in House
Summary
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.