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Support for Carbon Capture and Storage Technologies

This act aims to expand financial support for projects related to carbon capture, utilization, and storage. This means companies developing CO2 reduction technologies can more easily obtain loan guarantees, potentially leading to cleaner air and new jobs in the green technology sector.
Key points
Expanded access to loan guarantees for carbon dioxide reduction projects.
Support for technologies like direct air capture, converting CO2 into useful products, and geological storage.
Encouraging infrastructure development, including pipelines, for carbon transport.
Requires reporting on progress and barriers in these technologies, potentially leading to further improvements.
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Expired
Citizen Poll
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Additional Information
Print number: 117_HR_1761
Sponsor: Rep. McKinley, David B. [R-WV-1]
Process start date: 2021-03-10
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

CCUS Innovation Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1761.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-10.

What are the main provisions?

Key points include:

  • Expanded access to loan guarantees for carbon dioxide reduction projects.
  • Support for technologies like direct air capture, converting CO2 into useful products, and geological storage.
  • Encouraging infrastructure development, including pipelines, for carbon transport.
  • Requires reporting on progress and barriers in these technologies, potentially leading to further improvements.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. McKinley, David B. [R-WV-1].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Energy.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Environment Public Investments Economy