HR 9838
End Polluter Welfare for Enhanced Oil Recovery Act of 2024
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Bill overview
This bill, the End Polluter Welfare for Enhanced Oil Recovery Act of 2024, aims to eliminate certain tax credits related to the use of carbon oxide in enhanced oil recovery projects. Specifically, it restricts the use of carbon oxide as a tertiary injectant for new facilities starting after the bill’s enactment. The bill also removes the enhanced oil recovery credit itself, along with associated changes to relevant tax code sections, effective immediately upon enactment.
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Primary sponsor
Cosponsors
Barbara Lee
Cori Bush
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