Senate bill S5167-118

Finance Committee

Methane Reduction and Economic Growth Act

• Last activity on Sep 25, 2024

• Introduced Sep 25, 2024

• By Sen. Warner, Mark R. [D-VA]

Support this bill

Methane Reduction and Economic Growth Act

This bill establishes a new tax credit for qualified methane mine capture. The bill defines qualified methane as any methane that is captured from mining activities by methane capture equipment, would otherwise be released into the atmosphere as an industrial emission of greenhouse gas or lead to such release, and is measured at the source of capture and verified at the point of injection or utilization.

Senate Actions

IntroReferral
Sep. 25 2024	Read twice and referred to the Committee on Finance.

Library of Congress Actions

IntroReferral
Sep. 25 2024	Introduced in Senate

Senate bill S5167-118

Methane Reduction and Economic Growth Act

Promote the cause!

Or use this QR code