Legis Daily

ACCESS 45Q Act

USA116th CongressHR-8858| House 
| Updated: 12/3/2020
David B. McKinley

David B. McKinley

Republican Representative

West Virginia

Cosponsors (8)
Marc A. Veasey (Democratic)Alexander X. Mooney (Republican)Michael F. Doyle (Democratic)Kelly Armstrong (Republican)John R. Moolenaar (Republican)Lizzie Fletcher (Democratic)Cheri Bustos (Democratic)Jack Bergman (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 3, 2020
Introduced in House
Dec 3, 2020
Referred to the House Committee on Ways and Means.
  • December 3, 2020
    Introduced in House


  • December 3, 2020
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 116-4966: 45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2020
Air qualityClimate change and greenhouse gasesElectric power generation and transmissionIncome tax creditsTax administration and collection, taxpayers

ACCESS 45Q Act

USA116th CongressHR-8858| House 
| Updated: 12/3/2020
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 3, 2020
Introduced in House
Dec 3, 2020
Referred to the House Committee on Ways and Means.
  • December 3, 2020
    Introduced in House


  • December 3, 2020
    Referred to the House Committee on Ways and Means.
David B. McKinley

David B. McKinley

Republican Representative

West Virginia

Cosponsors (8)
Marc A. Veasey (Democratic)Alexander X. Mooney (Republican)Michael F. Doyle (Democratic)Kelly Armstrong (Republican)John R. Moolenaar (Republican)Lizzie Fletcher (Democratic)Cheri Bustos (Democratic)Jack Bergman (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 116-4966: 45Q Carbon Capture, Utilization, and Storage Tax Credit Amendments Act of 2020
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Air qualityClimate change and greenhouse gasesElectric power generation and transmissionIncome tax creditsTax administration and collection, taxpayers