Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S3862-3863)
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Apr 24, 2001
International Carbon Conservation Act - Establishes within the Department of Commerce's National Institute of Standards and Technology an implementing panel, to be headed by the Chief of the Forest Service, which shall: (1) establish a carbon sequestration program; and (2) accept qualifying projects located outside of the United States.Permits an owner or operator of property located outside the United States that is used in a qualifying project to be eligible for: (1) credit extension from the Export-Import Bank of the United States of up to 75 percent of the cost of carrying out the carbon sequestration practices specified in the contract; and (2) investment insurance issued by the Overseas Private Investment Corporation.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Feb 10, 2026. Consult Congress.gov for the current record.
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