Read theMandate

Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 70522 › Proposal

All uses of the captured gas draw the same $17 base amount

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70522, Sec. 70522. Written by .

All uses of the captured gas draw the same $17 base amount

The document says “shallWho acts: Secretary of the TreasuryHow: statuteSec. 70522 in the PDF
What the document says

“for any taxable year beginning in a calendar year after 2024 and before 2027, $17, and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70522

The section merges the separate treatment of storage, use as a tertiary injectant and other utilization in section 45Q(a)(3) of the Internal Revenue Code of 1986, strikes paragraph (4), and sets a single applicable dollar amount of $17 for a taxable year beginning in a calendar year after 2024 and before 2027, rising after 2026 by an inflation adjustment factor measured from 2025, with $36 substituted for $17 in the case covered by subparagraph (B). Conforming cross reference changes follow in sections 45Q and 6417.

What the document actually says

“for any taxable year beginning in a calendar year after 2024 and before 2027, $17, and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70522
That sentence, in plain words

The figure is $17 for a tax year in 2025 or 2026.

What this is about

From 2027 it grows with prices. A different rule uses $36 in its place. The old split between uses is gone.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

Share this page
How to cite this
  1. The document itself

    Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 70522, 139 Stat. 279 (2025).
    https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm

  2. This page

    “All uses of the captured gas draw the same $17 base amount,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70522, Sec. 70522. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec70522-parity/ (retrieved August 26, 2026).

Cite the document when the claim is about what the document says. Cite this page when the indexing, the wording or the record of what has happened is what is being relied on.

How to Read This Page

The quotation is the document's own words, exactly as printed, and we check the page number against the Act itself before publishing. The paragraph underneath is our summary, not the document's words. So is the plain English version, which is why it sits beside the quotation rather than replacing it.

All proposals in this section →