H.R. 6146 · 117th Congress
Stranded Gas Recovery and Utilization Act of 2021
- Stage
- In committee
- Sponsor
- Michael Burgess
- Introduced
- 2021-12-07
- Latest action
- 2021-12-07 · Introduced in House
Summary
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.