H.R. 2883 – The Master Limited Partnerships Parity Act
This bill amends the Internal Revenue Code to expand the definition of "qualifying income" for Master Limited Partnerships to include income and gains from carbon capture and storage.
S.2260 – EXPIRE Act of 2014
Under this proposed legislation, non-corporate taxpayers would be allowed to exclude Clean Coal Power Initiative (CCPI) grants and awards from gross income.
CCSReg Project Model Legislation
This is model federal legislation to establish a comprehensive system for the safe and effective transport and geologic sequestration of carbon dioxide.
H.R.3748 – Water Efficiency via Carbon Harvesting and Restoration (WECHAR) Act of 2009
This bill sets up a joint Department of Interior and USDA loan guarantee program to commercialize biochar production units that produce net-negative carbon emissions.
H.R.1 – American Recovery and Reinvestment Act of 2009
This bill included $800 million for CCS technology for coal-fired plants, $1.52 billion for industrial CCS projects, and $1 billion for a stand-alone integrated power plant project incorporating CCS.
26 U.S. Code § 45Q
26 USC §45Q creates a tax credit for the sequestration of captured carbon dioxide.
26 USC §48A
The Qualifying Advanced Coal Project Credit includes investment tax credits aimed at reducing emissions by incentivizing efficiency upgrades at coal-fired power plants.
26 USC §48B
This law provides tax credit of 20-30% for investment in qualifying gasification projects for electricity generation or industrial applications that capture and sequester at least 75% of their carbon dioxide emissions.
Marine Protection, Research, and Sanctuaries Act (MPRSA)
The Marine Protection, Research, and Sanctuaries Act (MPRSA), also known as the Ocean Dumping Act, prohibits dumping into the ocean material that would unreasonably degrade or endanger human health or the marine environment.