Lets facilities that capture carbon in solid or liquid form get a tax credit.
This bill would let more types of carbon capture facilities get a tax credit. Currently, tax credits are mainly for facilities that capture carbon as a gas. If passed, facilities that capture carbon in solid or liquid forms would also be able to receive these credits.
Today, the federal government offers tax credits for capturing carbon, mostly for facilities that capture it as a gas. If this bill becomes law, facilities that capture carbon in solid or liquid forms would also qualify for these credits. They would need to capture at least 1,000 metric tons of carbon each year and follow new rules for measurement and storage.
S 3778 · 119th Congress · February 4, 2026 · AI Summary by gemini-2.5-flash · 10/10
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6 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.