S. 5167, introduced by Senator Warner and Senator Capito, proposes to amend section 45Q of the Internal Revenue Code. The bill aims to offer a tax incentive for capturing methane from mining operations, with a focus on reducing greenhouse gas emissions. It defines "qualified...
Simple Explanation
The bill wants to give a special money bonus to people who stop stinky methane gas from coming out of mines and into the air. It hopes this will help keep the Earth’s air cleaner by encouraging companies to catch and keep the gas instead of letting it go free.