Methane Reduction and Economic Growth Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1881 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1881 To amend section 45Q of the Internal Revenue Code of 1986 to establish the mine methane capture incentive credit. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 5, 2025 Mrs. Miller of West Virginia (for herself, Ms. Sewell, Mr. Reschenthaler, and Mr. Deluzio) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend section 45Q of the Internal Revenue Code of 1986 to establish the mine methane capture incentive credit. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Methane Reduction and Economic Growth Act''. SEC. 2. MINE METHANE CAPTURE INCENTIVE CREDIT. (a) In General.--Section 45Q(f) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: ``(10) Methane capture.-- ``(A) In general.--In the case of qualified methane-- ``(i) paragraph (4) of subsection (a) shall be applied-- ``(I) by substituting `per metric ton of CO2e (as defined in section 45Z(d)(2)) of qualified methane' for `per metric ton of qualified carbon oxide', ``(II) by substituting `methane capture equipment' for `carbon capture equipment', and ``(III) by applying the following in lieu of subparagraph (B) thereof: ```(B) either-- ```(i) injected by the taxpayer for energy use-- ```(I) in a pipeline which satisfies the pipeline integrity management guidelines of section 192 of title 49, Code of Federal Regulations, and is in compliance with instrumental leak monitoring and other preventive and mitigative measures under section 192.935 of title 49, Code of Federal Regulations, or ```(II) in a gathering system t