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117-hr-6146117th Congress

Stranded Gas Recovery and Utilization Act of 2021

Sponsored By: Representative Burgess, Michael C. [R-TX-26]

Unknown

Summary

Stranded Gas Recovery and Utilization Act of 2021 This bill allows a tax credit for investment in stranded gas infrastructure equal to 30% of the basis of any qualified infrastructure placed in service during a taxable year beginning after December 31, 2021, and before January 1, 2028. The term qualified infrastructure means a gas pipeline, a gas compressor station, a container used for gas storage, or equipment to store gas underground.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Burgess, Michael C. [R-TX-26]

TX • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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