NET Zero Act of 2021
Latest action · Sep 7, 2021 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.
- IntroducedSep 7, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Negating Emissions to Zero Act of 2021 or the NET Zero Act of 2021
This bill extends through 2031 the tax credit for carbon oxide sequestration. It also modifies carbon oxide capture requirements and sets forth a special rule for determining the applicable dollar amount for the deduction of costs relating to direct air capture facilities.
Cosponsors 1
Members who signed on, in the order they did. All signed on Sep 7, 2021.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-WA | Suzan K. DelBene | Original | Sep 7, 2021 |
Actions 2
Everything that happened, newest first.
- Sep 7, 2021Introduced in House
- Sep 7, 2021Referred to the House Committee on Ways and Means.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 5194 | Carbon Capture and Sequestration Expansion Act | Related bill | Sep 7, 2021 |
| HR 5205 | NET Zero Act of 2021 | Related bill | Sep 10, 2021 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Sep 7, 2021Introduced 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.