,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #ehhc ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #ab1 #bjbj,mr4 ,s*weik]t 7= himself & ,mr4 ,w5/rup7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to provide = an increas$ cr$it = c>bon oxide seque/ration = direct air capture facilities1 & = o!r purposes4 #a4 ,increase 9 cr$it = c>bon oxide seque/ration = direct air capture facilities 7a7 ,increase 9 applicable doll> am\nt = direct air capture facilities ,section #de,q7b77#a77;,a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 9 clause 7i77,i7 & 7ii77,i71 by ins]t+ 7#fb4ej 9 ! case ( a direct air capture facility7 aft] #ej1 & 7#b7 9 clause 7i77,,ii7 & 7ii77,,ii71 by ins]t+ 7#dc4ge 9 ! case ( a direct air capture facility7 aft] #ce4 7b7 ,repeal ( plac$-9-,s]vice deadl9e2 decrease 9 capture requirem5ts = direct air capture facilities ,section #de,q7d7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7d7 ,qualifi$ facility ,= purposes ( ?is section1 ! t]m qualifi$ facility means any indu/rial facility or direct air capture facility :i* captures-- 7#a7 9 ! case ( a facility :i* emits n m ?an #ejj1jjj metric tons ( c>bon oxide into ! atmosph]e dur+ ! taxable ye>1 n less ?an #be1jjj metric tons ( qualifi$ c>bon oxide dur+ ! taxable ye> :i* is utiliz$ 9 a mann] describ$ 9 subsection 7f77#e71 7#b7 9 ! case ( an electricity g5]at+ facility :i* is n describ$ 9 subp>agraph 7,a71 n less ?an #ejj1jjj metric tons ( qualifi$ c>bon oxide dur+ ! taxable ye>1 or 7#c7 9 ! case ( a direct air capture facility or any facility n describ$ 9 subp>agraph 7,a7 or 7,b71 n less ?an #ej1jjj metric tons ( qualifi$ c>bon oxide dur+ ! taxable ye>4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbj4