Capitalizing on American Methane Act of 2015
Latest action · Apr 30, 2015 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 30, 2015
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Capitalizing on American Methane Act of 2015
Amends the Internal Revenue Code to: (1) include in the tax credit for investment in a qualifying gasification project any qualified methane conversion technology, and (2) allow an alternative fuel excise tax credit for liquid fuel produced through qualified methane conversion technology at a facility the construction of which begins before October 1, 2025. Defines "qualified methane conversion technology" as a process for the molecular conversion of a fuel consisting principally of methane into hydrocarbons and the use of such hydrocarbons to replace or reduce the quantity of petroleum present in motor vehicle fuel and for the production of chemicals.
Cosponsors 25
Members who signed on, in the order they did. Signatures ran from Apr 30, 2015 to Sep 14, 2016; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CT | John B. Larson | Original | Apr 30, 2015 |
| R-TX | Pete Sessions | May 12, 2015 | |
| D-CA | Linda T. Sánchez | May 18, 2015 | |
| D-OR | Earl Blumenauer | Jun 10, 2015 | |
| D-CA | Eric Swalwell | Jun 16, 2015 | |
| R-OK | Tom Cole | Jul 15, 2015 | |
| R-TX | Brian Babin | Jul 29, 2015 | |
| R-OH | Michael R. Turner | Jul 29, 2015 | |
| R-NY | Tom Reed | Sep 10, 2015 | |
| D-CA | Mike Thompson | Sep 25, 2015 | |
| R-PA | Tim Murphy | Sep 25, 2015 | |
| R-NY | John Katko | Oct 20, 2015 | |
| R-NY | Elise M. Stefanik | Oct 22, 2015 | |
| D-NE | Brad Ashford | Nov 4, 2015 | |
| R-PA | Bill Shuster | Dec 9, 2015 | |
| D-CA | Scott H. Peters | Dec 9, 2015 | |
| D-OR | Suzanne Bonamici | Dec 11, 2015 | |
| D-CO | Ed Perlmutter | Jan 5, 2016 | |
| R-NY | Lee M. Zeldin | May 10, 2016 | |
| D-TX | Eddie Bernice Johnson | May 12, 2016 | |
| R-TX | Ted Poe | May 23, 2016 | |
| D-CA | Jackie Speier | Jun 21, 2016 | |
| R-MI | Dan Benishek | Jul 7, 2016 | |
| R-NY | Christopher P. Gibson | Sep 9, 2016 | |
| D-CA | Doris O. Matsui | Sep 14, 2016 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Apr 30, 2015 |
Actions 2
Everything that happened, newest first.
- Apr 30, 2015Introduced in House
- Apr 30, 2015Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 64, April 30, 2015, pages H2771, H2770.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R43860 | Methane: An Introduction to Emission Sources and Reduction Strategies Archived | Report | Nov 18, 2016 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to allow a credit against income tax for facilities using a qualified methane conversion technology to provide transportation fuels and chemicals.
- Short Titles as Introduced
- Capitalizing on American Methane Act of 2015
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 30, 2015Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
