2009 House Bill 4016

Authorize carbon dioxide sequestration equipment tax break

Introduced in the House

Jan. 22, 2009

Introduced by Rep. Paul Opsommer (R-93)

To authorize a credit against the Michigan Business Tax for the amount spent by a firm on carbon dioxide sequestration equipment. Carbon dioxide sequestration (injection into wells deep in the ground) is a technique being investigated to mitigate the possibility of global warming caused by the release of CO2 into the atmosphere..

Referred to the Committee on Energy and Technology