,,ii  #aag? ,,congress  #b;d ,session   
,s4 #dbhj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #ai 7legislative  
day1 ,may #ag71 #bjbb,mr4 ,coons 7=     
himself & ,mr4 ,:iteh\se7 introduc$ !   
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,en]gy & ,natural    
,res\rces  ,a ,,bill  ,to require !     
,secret>y ( ,en]gy to remove c>bon      
dioxide directly f ambi5t air or        
seawat]1 & = o!r purposes4  #a4 ,%ort   
title ,?is ,act may be cit$ z ! ,f$]al  
,c>bon ,dioxide ,removal ,lead]%ip ,act 
( #bjbb4  #b4 ,f$]al requirem5t to      
remove c>bon dioxide  7a7 ,def9itions ,9
 ?is section3 7#a7 ,eligible te*nology  
7,a7 ,9 g5]al ,! t]m eligible te*nology 
means any equipm5t1 te*nique1 or        
te*nology1 z det]m9$ appropriate by !   
,secret>y1 plac$ into s]vice aft]       
,janu>y #a1 #bjbb1 t removes c>bon      
dioxide directly f ambi5t air or        
seawat]4  7,b7 ,exclusion ,! t]m        
eligible te*nology does n include any   
equipm5t1 te*nique1 or te*nology t-- 7i7

 removes c>bon dioxide t is delib]ately 
releas$ f naturally occurr+ subsurface  
spr+s2 or  7ii7 removes c>bon dioxide   
?r\gh natural photosyn!sis1 subject to  
subp>agraph 7,c74  7,c7 ,o!r eligible   
te*nology  7i7 ,9 g5]al ,not)/&+        
subp>agraph 7,b77ii71 ! t]m eligible    
te*nology1 ) respect to a project = !   
removal ( c>bon dioxide c>ri$ out by an 
entity ) :i* ! ,secret>y ent]s into a   
contract "u subsection 7c71 includes any
 equipm5t1 te*nique1 or te*nology us$ 9 
! project t removes c>bon dioxide us+   
gasification or pyrolysis ( solid1      
nonhaz>d\s1 & cellulosic wa/e mat]ials  
if ! ,secret>y1 by rule1 det]m9es t !   
equipm5t1 te*nique1 or te*nology1 z     
applicable1 is capable (-- 7,i7         
adequately monitor+1 report+1 & v]ify+ !
 am\nt ( gre5h\se gas emissions         
7calculat$ on a lifecycle basis7 t are  
associat$ ) ! equipm5t1 te*nique1 or    
te*nology2 &  7,,ii7 adequately mitigat+
 ! environm5tal impacts 7includ+ impacts
 on biodiv]sity1 l& use1 & air & wat]   

quality7 associat$ ) ! equipm5t1        
te*nique1 or te*nology4  7ii7 ,rule ,!  
,secret>y %all review any rule          
promulgat$ pursuant to clause 7i7 n less
 frequ5tly ?an once e #f ye>s aft] !    
date on :i* ! rule is promulgat$4  7#b7 
,lifecycle basis ,! t]m lifecycle basis 
means ! net sum ( all gre5h\se gas      
emissions 7us+ mass values = all        
gre5h\se gases t are adju/$ to acc\nt = 
_! relative global w>m+ pot5tial1 9     
consultation ) ! ,adm9i/rator ( !       
,environm5tal ,protection ,ag5cy7 &     
removals associat$ ) c>bon dioxide      
removal activity1 includ+ any emissions 
associat$ )-- 7,a7 en]gy & fe$/ock      
inputs2  7,b7 ! c>bon dioxide removal   
process2 &  7,c7 c>bon dioxide /orage1  
includ+ use & disposal ( any mat]ials or
 products associat$ ) c>bon dioxide     
/orage4  7#c7 ,remove ,! t]m remove1 )  
respect to c>bon dioxide1 means-- 7,a7  
to capture c>bon dioxide us+ an eligible
 te*nology2 &  7,b7 to p]man5tly /ore t 
captur$ c>bon dioxide-- 7i7 9 d$icat$   

subsurface geologic /orage report$ "u   
sections #ih4ddj & #adf4ia7;e7 ( title  
#dj1 ,code ( ,f$]al ,regulations 7or    
successor regulations72  7ii7 9         
mat]ials1 includ+ build+ mat]ials &     
m9]aliz$ c>bon mat]ials2 or  7iii7 ?r\gh
 ano!r p]man5t /orage me?od1 z det]m9$  
by ! ,secret>y4  7#d7 ,secret>y ,! t]m  
,secret>y means ! ,secret>y ( ,en]gy4   
7#e7 ,small removal project ,! t]m small
 removal project means a project = !    
removal ( c>bon dioxide t removes n m   
?an #e p]c5t ( ! net metric tons ( c>bon
 dioxide requir$ to be remov$ "u        
subsection 7b77#a7 = ! fiscal ye> 9 :i* 
! project beg9s4  7b7 ,removal          
requirem5t  7#a7 ,am\nts ,! ,secret>y   
%all1 if economically feasible z det]m9$
 "u p>agraph 7#b71 remove-- 7,a7 #ej1jjj
 net metric tons ( c>bon dioxide1       
calculat$ on a lifecycle basis1 = ea* ( 
fiscal ye>s #bjbd & #bjbe2  7,b7        
#ejj1jjj net metric tons ( c>bon        
dioxide1 calculat$ on a lifecycle basis1
 = ea* ( fiscal ye>s #bjbf ?r\gh #bjbh2 

7,c7 #e1jjj1jjj net metric tons ( c>bon 
dioxide1 calculat$ on a lifecycle basis1
 = ea* ( fiscal ye>s #bjbi ?r\gh #bjcd2 
&  7,d7 #aj1jjj1jjj net metric tons (   
c>bon dioxide1 calculat$ on a lifecycle 
basis1 = fiscal ye> #bjce & ea* fiscal  
ye> !reaft]4  7#b7 ,economic feasibility
  7,a7 ,9 g5]al ,! removal ( c>bon      
dioxide "u p>agraph 7#a7 %all be        
consid]$ economically feasible if !     
removal c be accompli%$1 or 9 ! case ( a
 contract "u subsection 7c71 pur*as$--  
7i7 = ea* ( fiscal ye>s #bjbd & #bjbe1  
at a price p] metric ton ( c>bon dioxide
 ( n m ?an #eej2  7ii7 = ea* ( fiscal   
ye>s #bjbf ?r\gh #bjbh1 at a price p]   
metric ton ( c>bon dioxide ( n m ?an    
#djj2  7iii7 = ea* ( fiscal ye>s #bjbi  
?r\gh #bjca1 at a price p] metric ton ( 
c>bon dioxide ( n m ?an #cjj2  7iv7 =   
ea* ( fiscal ye>s #bjcb ?r\gh #bjcd1 at 
a price p] metric ton ( c>bon dioxide ( 
n m ?an #bjj2 &  7v7 = fiscal ye> #bjce 
& ea* fiscal ye> !reaft]1 at a price p] 
metric ton ( c>bon dioxide ( n m ?an    

#aej4  7,b7 ,inclusion ( monitor+1      
report+1 & v]ification co/s ,= purposes 
( subp>agraph 7,a71 ! price p] metric   
ton ( c>bon dioxide %all include any    
co/s associat$ ) ! monitor+1 report+1 & 
v]ification requir$ "u subsection 7d74  
7,c7 ,multiye> contracts ,! removal (   
c>bon dioxide c>ri$ out pursuant to a   
multiye> contract ent]$ into "u         
subsection 7c7 %all be consid]$         
economically feasible if su* removal c  
be accompli%$ at ! applicable doll>     
am\nt = ! fir/ fiscal ye> ( ! contract1 
z provid$ 9 subp>agraph 7,a71 ?r\gh !   
entire l5g? ( ! contract4  7#c7 ,tim+ ,=
 ea* fiscal ye>1 ! ,secret>y %all remove
 ! am\nt ( c>bon dioxide requir$ "u     
p>agraph 7#a7 = t fiscal ye> n lat] ?an 
#c ye>s aft] ! beg9n+ ( t fiscal ye>4   
7#d7 ,small removal project set-aside   
,to ! ext5t practicable1 at lea/ #bj    
p]c5t ( ! net metric tons ( c>bon       
dioxide requir$ to be remov$ "u p>agraph
 7#a7 = ea* ( fiscal ye>s #bjbd ?r\gh   
#bjcd %all be remov$ ?r\gh small removal

 projects4  7c7 ,contracts = projects   
,to remove c>bon dioxide  7#a7 ,9 g5]al 
,to meet ! requirem5ts ( subsection 7b71
 ! ,secret>y may ent] into contracts to 
c>ry out projects = ! removal ( c>bon   
dioxide1 includ+ small removal projects4
  7#b7 ,duration ,a contract ent]$ into 
"u p>agraph 7#a7 %all be = a t]m ( n m  
?an #ae ye>s4  7#c7 ,priorities ,9 ent]+
 into contracts "u p>agraph 7#a71 !     
,secret>y %all give priority to         
contracts = projects t-- 7,a7 m9imize ! 
am\nt ( gre5h\se gas emissions releas$  
by c>ry+ out ! project2  7,b7 support ! 
comm]cialization ( innovative removal   
te*nologies2  7,c7 increase ! div]sity (
 comm]cially available eligible         
te*nologies2  7,d7 provide ! greate/    
pot5tial = dome/ic job creation2  7,e7  
result 9 economic developm5t or economic
 div]sification 9 regions or localities 
t h hi/orically g5]at$ significant      
economic activity f ! production1       
process+1 transportation1 or combu/ion (
 fossil fuels1 includ+ ?r\gh ! use (    

coal m9es1 fossil fuel-fir$ electricity 
g5]at+ units1 & petroleum ref9+         
facilities2  7,f7 quantify & mitigate ! 
effect ( remov+ c>bon dioxide on        
environm5tal ju/ice1 ! environm5t1 &    
public heal?2 &  7,g7 include robu/     
public engagem5t & community b5efits4   
7d7 ,monitor+1 report+1 & v]ification   
7#a7 ,9 g5]al ,! ,secret>y1 or an entity
 ) :i* ! ,secret>y ent]s into a contract
 "u subsection 7c71 %all monitor1       
report1 & v]ify ! net metric tons (     
c>bon dioxide t ! ,secret>y or ! entity1
 z applicable1 removes = purposes ( ?is 
section4  7#b7 ,be/ practices ,!        
,secret>y %all ensure t any project     
c>ri$ out "u a contract ent]$ into "u   
subsection 7c7 %all foll[ ! be/         
available practices1 z det]m9$ by !     
,secret>y1 = monitor+1 report+1 & v]ify+
 ! net metric tons ( c>bon dioxide      
remov$ "u ! project1 includ+ be/        
practices t-- 7,a7 are us$ by simil>    
c>bon dioxide removal projects2 &  7,b7 
are necess>y to ensure safe1 effective1 

& effici5t removal ( c>bon dioxide4     
7#c7 ,prohibition on d\ble c\nt+ ,c>bon 
dioxide t is remov$ = ! purpose (       
comply+ ) any o!r gre5h\se gas emissions
 managem5t program1 includ+ any =eign1  
,f$]al1 ,/ate1 local1 or private        
gre5h\se gas emissions managem5t        
program1 z det]m9$ by ! ,secret>y1 may n
 be consid]$ remov$ "u subsection 7b7 = 
purposes ( meet+ ! requirem5ts ( t      
subsection4  7e7 ,f$]al assi/ance ,funds
 receiv$ pursuant to a contract ent]$   
into "u subsection 7c7 %all n be        
consid]$ ,f$]al assi/ance or o!rwise    
affect eligibility = any ,f$]al         
assi/ance1 includ+ a tax inc5tive4  7f7 
,report ,n lat] ?an ,janu>y #a1 #bjbg1 &
 e #b ye>s !reaft]1 ! ,secret>y %all    
submit to ,congress1 & make publicly    
available1 a report t describes !       
progress made 9 c>ry+ out ! requirem5ts 
( ?is section1 includ+-- 7#a7 ! am\nts (
 c>bon dioxide remov$ dur+ ! p]iod cov]$
 by ! report1 z v]ifi$ pursuant to      
subsection 7d72  7#b7 ! total price1 &  

price p] metric ton1 ( remov+ c>bon     
dioxide = ea* applicable fiscal ye> dur+
 ! p]iod cov]$ by ! report2  7#c7 !     
me?ods ( monitor+1 report+1 &           
v]ification requir$ "u subsection 7d72  
7#d7 an assessm5t1 to ! ext5t           
practicable1 ( h[ ! am\nts ( c>bon      
dioxide remov$ dur+ ! p]iod cov]$ by !  
report h affect$ environm5tal ju/ice1 ! 
environm5t1 & public heal?2 &  7#e7     
in=mation on any labor impact or job    
creation result+ f c>ry+ out !          
requirem5ts ( ?is section dur+ ! p]iod  
cov]$ by ! report4  7g7 ,au?orization ( 
appropriations ,!re are au?oriz$ to be  
appropriat$ su* sums z are necess>y to  
c>ry out ?is section4