A bill to amend the Internal Revenue Code of 1986 to modify the qualifying advanced coal project credit.

United States115th CongressS-3566Senate
Updated: Oct 10, 2018

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.

Bill texts

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Introduced (Senate)View official text

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Timeline

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Finance.

    Senate

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