S2304Referred to Committee

Methane Reduction and Economic Growth Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-16
Introduced
5
Cosponsors
S
ⓘ
Type

Sponsor

Mark R. Warner
Mark R. Warner
Democrat · VA · Senator
Votes with party: 76.7% (821 recorded votes)

Full profile: /officials/W000805

Source: Congress.gov · FEC

Cosponsors (5)

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.

2025-07-16

Source: Congress.gov

Plain-English Summary

This bill would likely use tax incentives or penalties related to methane emissions to encourage companies to reduce their methane output while supporting economic growth. The measure would probably affect oil, gas, and agricultural businesses that produce methane as a byproduct of their operations, as well as companies that develop methane reduction technologies. The specific tax changes would be determined by the Finance Committee as it reviews the proposal.

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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