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H.R. 5179

BillFederalHouseIn Committee
NET Zero Act of 2021
About This Bill
Committee
Latest Action · September 7, 2021
Referred to the House Committee on Ways and Means.
Congress
117th (2021–2023)
Introduced
September 7, 2021
Cosponsors (1)
1D 0R
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Summary

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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.

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