HR 1062 · 117th Congress

ACCESS 45Q Act

<p><b>Accelerating Carbon Capture and Extending Secure Storage through 45Q Act or the ACCESS 45Q Act</b></p> <p>This bill extends the tax credit for carbon oxide sequestration through 2035 and allows taxpayers an election to receive payments in lieu of the credit. </p> <p>The bill also permits an allowance of the c…

Sponsor

McKinley, David B. (R-WV)

Introduced

2021-02-15

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.