S.1188

The FLARE Act provides permanent full expensing for property used to capture gas that would otherwise be flared or vented and to use such gas in.

The Facilitating Lower Atmospheric Released Emissions Act, also known as the FLARE Act, amends the Internal Revenue Code to provide permanent full expensing for property used to capture gas that would otherwise be flared or vented and to use such gas in value-added products. This includes systems that intake natural gas and separate, collect, utilize, or combust methane and heavier hydrocarbons. The act applies to property placed in service after December 31, 2025, and excludes foreign entities of concern.