S-4405 : Still Just a Bill

S. 4405, also known as the "Natural Gas Tax Repeal Act," aims to amend the Clean Air Act by repealing Section 136, which pertains to the methane emissions and waste reduction incentive program for petroleum and natural gas systems.

Key provisions of the bill include:

• Repeal of Methane Emissions Program: Eliminates the existing program established under Section 136 of the Clean Air Act, which focuses on reducing methane emissions from petroleum and natural gas systems.
• Rescission of Funds: Rescinds any unobligated funds that were previously allocated to the methane emissions and waste reduction incentive program.

In short, this bill seeks to eliminate the "natural gas tax" by repealing the section of the Clean Air Act that addresses methane emissions and by rescinding any remaining funds allocated to that program.