H.R.1003

Enhancing Energy Recovery Act

Introduced·2/5/25
Introduced in House Text

Enhancing Energy Recovery Act modifies carbon oxide sequestration credit in Internal Revenue Code.

The Enhancing Energy Recovery Act amends the Internal Revenue Code to modify the carbon oxide sequestration credit. It ensures parity for different uses and utilizations of qualified carbon oxide. The changes apply to taxable years beginning after December 31, 2024.

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  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Ways And Means Committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

History

Feb 5, 2025

House

Introduced in House

Feb 5, 2025

House

Referred to the House Committee on Ways and Means.