US Congress Senate Bill 1763 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on June 10 2019 - 25% progression, died in committee
Action: 2019-06-10 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Authorizes the issuance of tax-exempt facility bonds for the financing of qualified carbon dioxide capture facilities. A "qualified carbon dioxide capture facility" is any equipment installed in an industrial carbon dioxide facility that satisfies specified capture and storage requirements and (1) is used for the capture, treatment and purification, compression, transportation, or on-site storage of carbon dioxide produced by the industrial carbon dioxide facility; or (2) is integral or functionally related and subordinate to a gasification process that converts a product from coal, petroleum residue, biomass, or other materials which are recovered for their energy or feedstock value into a synthesis gas composed primarily of carbon dioxide and hydrogen for direct use or subsequent chemical or physical conversion.

Carbon Capture Improvement Act of 2019

Sen. Michael Bennet [D-CO]

Sen. Rob Portman [R-OH]

Date	Chamber	Action
2019-06-10	Senate	Read twice and referred to the Committee on Finance.

HB3861 (Same As) 2019-07-19 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/1763/all-info
Text	https://www.congress.gov/116/bills/s1763/BILLS-116s1763is.pdf