Stranded Gas Recovery and Utilization Act of 2021
United States117th CongressHR-6146House of Representatives
Updated: Dec 7, 2021
Summary
Stranded Gas Recovery and Utilization Act of 2021 This bill allows a tax credit for investment in stranded gas infrastructure equal to 30% of the basis of any qualified infrastructure placed in service during a taxable year beginning after December 31, 2021, and before January 1, 2028. The term qualified infrastructure means a gas pipeline, a gas compressor station, a container used for gas storage, or equipment to store gas underground.
Bill texts
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Timeline
Referred to the House Committee on Ways and Means.
House of Representatives
Introduced in House
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