Politiparty
Politiparty

118th Congress Taxation

S. 5167: Methane Reduction and Economic Growth Act

Introduced

  1. Introduced (completed)Sep 25, 2024
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Sep 25, 2024

This bill establishes a new tax credit for qualified methane mine capture. The bill defines qualified methane as any methane that is captured from mining activities by methane capture equipment, would otherwise be released into the atmosphere as an industrial emission of greenhouse gas or lead to such release, and is measured at the source of capture and verified at the point of injection or utilization.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Mark Warner D-VA SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Mark Warner

History

  1. Sep 25, 2024Introduced in the Senate by Mark Warner.
Show the full action history (2 actions)
  1. Sep 25, 2024Introduced in Senate
  2. Sep 25, 2024Read twice and referred to the Committee on Finance.