HR 5883
116th Congress
House
Taxation
Air quality
Climate change and greenhouse gases
Income tax credits
Industrial facilities
To amend the Internal Revenue Code of 1986 to provide for an increased credit for carbon oxide sequestration for direct air capture facilities, and for other purposes.
Introduced: February 12, 2020
Introduced by:
Schweikert, David
Republican
· Arizona
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 12, 2020
Referred to the House Committee on Ways and Means.
Feb 12, 2020
Introduced in House
Plain-English summary
This bill provides for an increased carbon oxide sequestration tax credit for direct air capture facilities.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1