Creates a new federal income tax credit to encourage capturing methane from defined sources. To qualify, projects must use eligible capture equipment and meet a minimum annual capture threshold. The credit applies when the captured methane is used or injected in approved ways.

If captured methane is injected into a pipeline, it must comply with federal pipeline safety and leak‑monitoring rules. The measure sets an effective date for when the credit begins to apply and fits within the existing carbon capture framework in tax law.