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To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration.
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
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vs 9,698 other HR bills in the 117th — cohort avg 63d
This bill modifies the tax credit for carbon oxide sequestration. It increases the applicable dollar amount of such credit, repeals the placed-in-service deadline, expands the types of facilities to which the credit applies, and extends the credit period from 12 to 20 years.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
Implementation and rulemaking processes related to tax laws - business interest and international taxation aspects, including foreign earnings taxation and repatriation, and deductibility of interest expenses General discussions regarding U.S. taxation of domestic companies with foreign assets and income General discussions regarding excepting income earned in highly-taxed foreign countries from the taxation of global intangible low-taxed income General discussions regarding tax credits for electric vehicles, energy storage, natural gas vehicles, natural gas fueling infrastructure, and natural gas used as a vehicle fuel General discussions regarding the tax treatment of renewable natural gas, hydrogen, and other alternative fuels and fueling infrastructure General discussions regarding tax credits for carbon capture, usage, transportation and storage General discussions regarding infrastructure bonds, bonding authority, and tax treatment of bonds H.R. 2633, Legislation to Improve the Tax Credit for Carbon Oxide Sequestration (or 45Q) - Expansion and extension of CCUS tax credit H.R.1304, American Innovation and R&D Competitiveness Act of 2021 - Permanent Expensing of R&D Costs S. 749, American Innovation and Jobs Act - Permanent Expensing of R&D Costs H.R.5376, Inflation Reduction Act of 2022 - Implementation of energy tax incentives, corporate alternative minimum tax H.R. 3684 Infrastructure Investment and Jobs Act - Taxation of grants
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $840,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
Implementation and rulemaking processes related to tax laws - business interest and international taxation aspects, including foreign earnings taxation and repatriation, and deductibility of interest expenses General discussions regarding U.S. taxation of domestic companies with foreign assets and income General discussions regarding excepting income earned in highly-taxed foreign countries from the taxation of global intangible low-taxed income General discussions regarding tax credits for electric vehicles, energy storage, natural gas vehicles, natural gas fueling infrastructure, and natural gas used as a vehicle fuel General discussions regarding the tax treatment of renewable natural gas, hydrogen, and other alternative fuels and fueling infrastructure General discussions regarding tax credits for carbon capture, usage, transportation and storage General discussions regarding infrastructure bonds, bonding authority, and tax treatment of bonds H.R. 2633, Legislation to Improve the Tax Credit for Carbon Oxide Sequestration (or 45Q) - Expansion and extension of CCUS tax credit H.R.1304, American Innovation and R&D Competitiveness Act of 2021 - Permanent Expensing of R&D Costs S. 749, American Innovation and Jobs Act - Permanent Expensing of R&D Costs H.R.5376, Inflation Reduction Act of 2022 - Implementation of energy tax incentives, corporate alternative minimum tax
Client expense: $840,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
Implementation and rulemaking processes related to tax laws - business interest and international taxation aspects, including foreign earnings taxation and repatriation, and deductibility of interest expenses General discussions regarding U.S. taxation of domestic companies with foreign assets and income General discussions regarding excepting income earned in highly-taxed foreign countries from the taxation of global intangible low-taxed income General discussions regarding tax credits for electric vehicles, energy storage, natural gas vehicles, natural gas fueling infrastructure, and natural gas used as a vehicle fuel General discussions regarding the tax treatment of renewable natural gas, hydrogen, and other alternative fuels and fueling infrastructure General discussions regarding tax credits for carbon capture, usage, transportation and storage General discussions regarding infrastructure bonds, bonding authority, and tax treatment of bonds H.R. 2633, Legislation to Improve the Tax Credit for Carbon Oxide Sequestration (or 45Q) - Expansion and extension of CCUS tax credit H.R.1304 - American Innovation and R&D Competitiveness Act of 2021 - Permanent Expensing of R&D Costs
Client expense: $980,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of
2021 · third_quarter · Energy/Nuclear
S.2118, Clean Energy for America Act, in particular carbon capture and sustainable aviation fuel provisions Hydrogen policy, including potential tax credits H.R.2307, Energy Innovation and Carbon Dividend Act, Entirety S.685, Americas Clean Future Fund Act, Entirety H.R.5376, Build Back Better Act, Carbon capture and sustainable aviation fuel provisions H.R.3684, Infrastructure Investment and Jobs Act, Carbon capture and hydrogen provisions Section 45Q carbon capture tax credits, as follows: S.986, Carbon Capture, Utilization and Storage Tax Credit Amendments Act H.R.1062, Accelerating Carbon Capture and Extending Secure Storage through 45Q Act (ACCESS 45Q) Act H.R.1992/S.799, Storing CO2 and Lowering Emissions (SCALE) Act H.R.2633, To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration H.R.3538 /S.2230, Coordinated Action To Capture Harmful Emissions Act (CATCH) Act
Client expense: $60,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Council on Environmental Quality (CEQ), Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2021 · third_quarter · Taxation/Internal Revenue Code
Sustainable Aviation Fuel Blenders Tax Credit, generally H.R.741/S.1608, Sustainable Aviation Fuel Act, Section 9 related issues S.2118, Clean Energy for America Act, in particular carbon capture and sustainable aviation fuel provisions H.R.3440 /S.2263, Sustainable Skies Act, Sustainable Aviation Fuel issues Hydrogen policy, including potential tax credits H.R.2307, Energy innovation and Carbon Dividend Act, Entirety S.685, Americas Clean Future Fund Act, Entirety H.R.5376, Build Back Better Act, Carbon capture and sustainable aviation fuel provisions Section 45Q carbon capture tax credits, as follows: S.986, Carbon Capture, Utilization and Storage Tax Credit Amendments Act H.R.1062, Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS 45Q) Act H.R.2633, To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration H.R.3538/S.2230, Coordinated Action To Capture Harmful Emissions Act (CATCH) Act
Client expense: $60,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Council on Environmental Quality (CEQ), Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2021 · second_quarter · Taxation/Internal Revenue Code
Sustainable Aviation Fuel Blenders Tax Credit, generally H.R.741/S.1608, Sustainable Aviation Fuel Act, Section 9 related issues S.2118, Clean Energy for America Act, in particular carbon capture and sustainable aviation fuel provisions H.R.3440 /S.2263, Sustainable Skies Act, Sustainable Aviation Fuel issues Hydrogen policy, including potential tax credits Section 45Q carbon capture tax credits, as follows: S.986, Carbon Capture, Utilization and Storage Tax Credit Amendments Act H.R.1062, Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS 45Q) Act H.R.2633, To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration H.R.3538/S.2230, Coordinated Action To Capture Harmful Emissions Act (CATCH) Act
Client expense: $50,000 · Firm income: Not reported
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT)
2021 · second_quarter · Energy/Nuclear
S.2118, Clean Energy for America Act, in particular carbon capture and sustainable aviation fuel provisions Hydrogen policy, including potential tax credits Section 45Q carbon capture tax credits, as follows: S.986, Carbon Capture, Utilization and Storage Tax Credit Amendments Act H.R.1062, Accelerating Carbon Capture and Extending Secure Storage through 45Q Act (ACCESS 45Q) Act H.R.1992/S.799, Storing CO2 and Lowering Emissions (SCALE) Act H.R.2633, To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration H.R.3538 /S.2230, Coordinated Action To Capture Harmful Emissions Act (CATCH) Act
Client expense: $50,000 · Firm income: Not reported
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT)
2021 · second_quarter · Energy/Nuclear
S.2118, Clean Energy for America Act, in particular carbon capture and sustainable aviation fuel provisions Hydrogen policy, including potential tax credits Section 45Q carbon capture tax credits, as follows: S.986, Carbon Capture, Utilization and Storage Tax Credit Amendments Act H.R.1062, Accelerating Carbon Capture and Extending Secure Storage through 45Q Act (ACCESS 45Q) Act H.R.1992/S.799, Storing CO2 and Lowering Emissions (SCALE) Act H.R.2633, To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration H.R.3538 /S.2230, Coordinated Action To Capture Harmful Emissions Act (CATCH) Act
Client expense: $30,000 · Firm income: Not reported
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT)
2021 · second_quarter · Taxation/Internal Revenue Code
Sustainable Aviation Fuel Blenders Tax Credit, generally H.R.741/S.1608, Sustainable Aviation Fuel Act, Section 9 related issues S.2118, Clean Energy for America Act, in particular carbon capture and sustainable aviation fuel provisions H.R.3440 /S.2263, Sustainable Skies Act, Sustainable Aviation Fuel issues Hydrogen policy, including potential tax credits Section 45Q carbon capture tax credits, as follows: S.986, Carbon Capture, Utilization and Storage Tax Credit Amendments Act H.R.1062, Accelerating Carbon Capture and Extending Secure Storage through 45Q (ACCESS 45Q) Act H.R.2633, To amend the Internal Revenue Code of 1986 to increase and expand the credit for carbon oxide sequestration H.R.3538/S.2230, Coordinated Action To Capture Harmful Emissions Act (CATCH) Act
Client expense: $30,000 · Firm income: Not reported
Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT)