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S 542 118th Congress Senate Taxation

CCU Parity Act of 2023

Introduced: February 28, 2023 Introduced by: Whitehouse, Sheldon Democratic · Rhode Island See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 28, 2023
Read twice and referred to the Committee on Finance.
Feb 28, 2023
Introduced in Senate
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 Plain-English summary Congressional Research Service

CCU Parity Act of 2023

This bill increases the tax credit for carbon capture and use to match incentives for carbon capture and sequestration for both direct air capture and the power and industrial sectors.
What's happening now February 28, 2023

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 1262 Identical bill CCU Parity Act of 2023
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Cassidy, Bill
Louisiana · Feb 28, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 542: CCU Parity Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-S-542/
MLA
"S. 542: CCU Parity Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-542/.
Bluebook (legal)
S. 542, 118th Cong. (2026), https://openamerica.io/bill/118-S-542/.
Markdown link
[S. 542: CCU Parity Act of 2023](https://openamerica.io/bill/118-S-542/)
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