S3778Referred to Committee

Carbon Resource Innovation Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-04
Introduced
3
Cosponsors
S
ⓘ
Type

Sponsor

Tim Sheehy
Tim Sheehy
Republican · MT · Senator
Votes with party: 76.6% (866 recorded votes)
Top industries funding sponsor:
  • Conservative Groups$0k

Full profile: /officials/S001232

Source: Congress.gov · FEC

Cosponsors (3)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Finance.

2026-02-04

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

This bill would likely create tax incentives or credits for companies that develop and use new technologies to capture, utilize, or manage carbon dioxide and other greenhouse gases. The changes would affect businesses in energy, manufacturing, and other industries that emit carbon, potentially making it cheaper for them to invest in carbon-reduction technologies. The goal appears to be encouraging innovation in carbon management solutions through the tax code.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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Related legislation

Bills by the same sponsor or covering overlapping subjects.