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H.R. 8858

Referred to Committee

ACCESS 45Q Act

Introduced 12/3/2020•116th Congress•House

Latest Action

Referred to the House Committee on Ways and Means.

12/3/2020 • House

Summary

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.

Introduced in House • 12/3/2020

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Topics & Subjects

Policy Area: Taxation
Air qualityClimate change and greenhouse gasesElectric power generation and transmissionIncome tax creditsTax administration and collection, taxpayers

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (9)

Party Breakdown

4
Democrats
5
Republicans
0
Independents

Sponsor

R[
Rep. McKinley, David B. [R-WV-1]

Republican • WV-1

Sponsored 12/3/2020

Cosponsors (8)

R[
Rep. Veasey, Marc A. [D-TX-33]

D-TX-33

Joined 12/3/2020

R[
Rep. Bustos, Cheri [D-IL-17]

D-IL-17

Joined 12/3/2020

R[
R[
Rep. Doyle, Michael F. [D-PA-18]

D-PA-18

Joined 12/3/2020

R[
Rep. Fletcher, Lizzie [D-TX-7]

D-TX-7

Joined 12/3/2020

Bill Journey

Originated in the House

Introduced

December 3, 2020

Referred to the House Committee on Ways and Means.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House12/3/2020

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors8