Introduced
S. 1188
Introduced in Senate · April 15, 2025March 27, 2025
Mr. Cruz introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to provide for 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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Facilitating Lower Atmospheric Released Emissions Act” or the “FLARE Act”.