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HR 8858 116th Congress House Taxation Air quality Climate change and greenhouse gases Electric power generation and transmission Income tax credits Tax administration and collection, taxpayers

ACCESS 45Q Act

Introduced: December 3, 2020 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 3, 2020
Referred to the House Committee on Ways and Means.
Dec 3, 2020
Introduced in House
 Plain-English summary Congressional Research Service

Accelerating Carbon Capture and Extending Secure Storage through 45Q Act or the ACCESS 45Q Act

This bill extends the tax credit for carbon oxide sequestration through 2033 and allows taxpayers an election to receive payments in lieu of the credit.

What's happening now December 3, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1