,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #dfbb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #be1 #bjaf   
,mr4 ,conaway 7= himself1 ,mr4          
,mc,kinley1 ,mr4 ,h>p]1 ,mr4 ,tipton1   
,mrs4 ,lummis1 ,mr4 ,cram]1 ,mr4 ,j5k9s 
( ,we/ ,virg9ia1 ,mr4 ,veasey1 ,mr4     
,b>r1 ,mr4 ,mi*ael ,f4 ,doyle (         
,p5nsylvania1 ,mr4 ,b>ton1 ,mr4 ,buc%on1
 ,mr4 ,pet]son1 ,mr4 ,mool5a>1 ,mr4     
,rodney ,davis ( ,ill9ois1 ,mr4 ,murphy 
( ,p5nsylvania1 ,mr4 ,johnson ( ,ohio1  
,mr4 ,b\/any1 & ,mr4 ,huiz5ga (         
,mi*igan7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to improve & make 
p]man5t ! cr$it = c>bon dioxide         
seque/ration4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,c>bon ,capture ,act4  
#b4 ,c>bon dioxide seque/ration cr$it   
improv$ & made p]man5t  7a7 ,cr$it made 
p]man5t ,section #de,q ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
subsection 7e74  7b7 ,increase 9 cr$it =

 new facilities  7#a7 ,9 g5]al ,section 
#de,q ( su* ,code1 z am5d$ by subsection
 7a71 is am5d$ by r$esignat+ subsections
 7b71 7c71 & 7d7 z subsections 7c71 7d71
 & 7e71 respectively1 & by ins]t+ aft]  
subsection 7a7 ! foll[+ new subsection3 
7b7 ,cr$it rates = new qualifi$         
facilities  7#a7 ,9 g5]al ,9 ! case ( a 
taxable ye> beg9n+ 9 a cal5d> ye> aft]  
#bjbd ) respect to a qualifi$ facility  
at :i* c>bon capture equipm5t is        
orig9ally plac$ 9 s]vice aft] ,decemb]  
#ca1 #bjae--  7,a7 subsection 7a77#a7   
%all be appli$ by sub/itut+ #cj = #bj1 &
  7,b7 subsection 7a77#b7 %all be appli$
 by sub/itut+ #cj = #aj4  7#b7 ,phase-up
 ,9 ! case ( a qualifi$ facility at :i* 
c>bon capture equipm5t is orig9ally     
plac$ 9 s]vice dur+ a cal5d> ye> aft]   
#bjae & be=e #bjbe & any taxable ye>    
beg9n+ 9 su* cal5d> ye>--  7,a7         
subsection 7a77#a7 %all be appli$ by    
sub/itut+ = #bj ! doll> am\nt ) respect 
to ea* cal5d> ye> det]m9$ by ratably    
increas+ su* doll> am\nt annually f     

#ba4he ) respect to cal5d> ye> #bjae to 
#cj ) respect to cal5d> ye> #bjbe1 &    
7,b7 subsection 7a77#b7 %all be appli$  
by sub/itut+ = #aj ! doll> am\nt )      
respect to ea* cal5d> ye> det]m9$ by    
ratably increas+ su* doll> am\nt        
annually f #aj4ib ) respect to cal5d>   
ye> #bjae to #cj ) respect to cal5d> ye>
 #bjbe4  7#c7 ,inflation adju/m5t ,9 !  
case ( any taxable ye> beg9n+ 9 a cal5d>
 ye> aft] #bjbe ) respect to a qualifi$ 
facility at :i* c>bon capture equipm5t  
is orig9ally plac$ 9 s]vice aft]        
,decemb] #ca1 #bjae1 !re %all be        
sub/itut$ = ea* #cj am\nt conta9$ 9     
p>agraph 7#a7 an am\nt equal to !       
product (--  7,a7 su* doll> am\nt1      
multipli$ by  7,b7 ! inflation adju/m5t 
factor = su* cal5d> ye> det]m9$ "u      
section #dc7;b77#c77;,b7 = su* cal5d>   
ye>1 det]m9$ by sub/itut+ #bjbd = #aiij4
  4  7#b7 ,con=m+ am5dm5t ,section      
#de,q7e77#g7 ( su* ,code1 z r$esignat$  
by p>agraph 7#a71 is am5d$ by ins]t+ )  
respect to a qualifi$ facility at :i*   

c>bon capture equipm5t is orig9ally     
plac$ 9 s]vice be=e ,janu>y #a1 #bjaf   
aft] #bjji4  7c7 ,election ,to all[     
cr$it to p]son t disposes (1 or uses z a
 t]ti>y injectant1 c>bon dioxide        
,section #de,q7e77#e7 ( su* ,code1 z    
r$esignat$ by subsection 7b71 is am5d$--
 7#a7 by /rik+ ,any cr$it & ins]t+ !    
foll[+3  7,a7 ,9 g5]al ,any cr$it  1    
7#b7 by ins]t+ subp>agraph 7,b7 or aft] 
except to ! ext5t provid$ 91 &  7#c7 by 
add+ at ! end ! foll[+ new subp>agraph3 
7,b7 ,election to all[ cr$it to p]son t 
disposes (1 or uses z t]ti>y injectant1 
c>bon dioxide ,if ! p]son describ$ 9    
subp>agraph 7,a7 makes an election "u   
?is subp>agraph 7z su* "t & 9 su* mann] 
z ! ,secret>y may prescribe71 ! cr$it   
det]m9$ "u ?is section--  7i7 %all be   
all[able to ! p]son t disposes (1 or    
uses z a t]ti>y injectant1 ! c>bon      
dioxide1 &  7ii7 %all n be all[able to !
 p]son describ$ 9 subp>agraph 7,a74  4  
7d7 ,r$uction 9 qualifi$ facility       
?re%old ,section #de,q7d77#c7 ( su*     

,code1 z r$esignat$ by subsection 7b71  
is am5d$ by /rik+ #ejj1jjj & ins]t+     
#aej1jjj4  7e7 ,effective dates  7#a7   
,cr$it made p]man5t ,! am5dm5t made by  
subsection 7a7 %all apply to cal5d> ye>s
 beg9n+ aft] #bjae4  7#b7 ,increase 9   
cr$it = new facilities ,! am5dm5ts made 
by subsection 7b7 %all apply to         
facilities at :i* c>bon capture equipm5t
 is orig9ally plac$ 9 s]vice aft]       
,decemb] #ca1 #bjae4  7#c7 ,election to 
all[ cr$it to p]son t disposes (1 or    
uses z a t]ti>y injectant1 c>bon dioxide
 ,! am5dm5ts made by subsection 7c7 %all
 apply to taxable ye>s beg9n+ aft] !    
date ( ! enactm5t ( ?is ,act4  7#d7     
,r$uction 9 qualifi$ facility ?re%old ,!
 am5dm5ts made by subsection 7d7 %all   
apply to taxable ye>s beg9n+ aft] ! date
 ( ! enactm5t ( ?is ,act4