Senate Bill 3566
115th Congress(2017-2018)
Advancing Carbon Capture in Energy Generation Act
Introduced
Introduced in Senate on Oct 10, 2018
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3566
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Advancing Carbon Capture in Energy Generation Act
This bill amends the Internal Revenue Code, with respect to the tax credit for advanced coal projects, to: (1) lower the carbon dioxide sequestration requirement to 60% for certain electrical generating units in existence on October 3, 2008, and (2) revise certain technology and environmental performance requirements.
October 10, 2018
10/10/2018
Read twice and referred to the Committee on Finance.
10/10/2018
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:41:09 PM