Proposal:CCU Parity Act of 2023

This proposal is archived and closed to further debate. It was introduced in the 118th Congress, which has concluded, and the bill was not enacted into law.

Bill	S 542
Type of Legislation	Senate Bill
Congress	118
Status	Archived — 118th Congress concluded
Source	View original on Congress.gov

Geographic Scope

National

Description

CCU Parity Act of 2023

This bill increases the tax credit for carbon capture and use to match incentives for carbon capture and sequestration for both direct air capture and the power and industrial sectors.

Bill Title

CCU Parity Act of 2023

Linked Goals

• Goal:Promote General Welfare

Steps

• 2023-02-28: Read twice and referred to the Committee on Finance.
• 2023-02-28: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.