To amend the Internal Revenue Code of 1986 to provide for an increased credit for carbon oxide sequestration for direct air capture facilities, and for other purposes.

Bill HR 5883 is currently in the status of Bill Introduced since February 12, 2020. Bill HR 5883 was introduced during Congress 116 and was introduced to the House on February 12, 2020.  Bill HR 5883's most recent activity was Referred to the House Committee on Ways and Means. as of February 12, 2020