Senate bill S4966-116

Finance Committee

45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2020

• Last activity on Dec 07, 2020

• Introduced Dec 07, 2020

• By Sen. Capito, Shelley Moore [R-WV]

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Main Subject: Taxation

45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2020

This bill extends the tax credi for carbon oxide sequestration through 2028 and allows taxpayers an election to receive payments in lieu of the credit and the credit for qualifying advanced coal projects.

HR5156-116, HR8858-116,

Senate Actions

IntroReferral
Dec. 07 2020	Read twice and referred to the Committee on Finance.

Library of Congress Actions

IntroReferral
Dec. 07 2020	Introduced in Senate

Senate bill S4966-116

45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2020

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