,,ii #aahth ,,congress #ast ,session ,s4 #edb ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #bh1 #bjbc,mr4 ,whitehouse 7for himself and ,mr4 ,cassidy7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to increase the applicable dollar amount for qualified carbon oxide which is captured and utilized for purposes of the carbon oxide sequestration credit4 #a4 ,short title ,this ,act may be cited as the ,,ccu ,parity ,act of #bjbc4 #b4 ,increase applicable dollar amount for qualified carbon oxide which is captured and utilized 7a7 ,in general ,section #de,q7b77#a77;,a7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 in clause 7i71 by striking subclause 7,,ii7 and inserting the following3 7,,ii7 for purposes of paragraph 7#d7 of such subsection-- 7aa7 with respect to any qualified carbon oxide which is captured and used in the manner described in clause 7i7 of paragraph 7#d77;,b7 of such subsection1 #ab1 and 7bb7 with respect to any qualified carbon oxide which is captured and utilized in the manner described in clause 7ii7 of paragraph 7#d77;,b7 of such subsection1 #ag1 and 1 and 7#b7 in clause 7ii71 by striking subclause 7,,ii7 and inserting the following3 7,,ii7 for purposes of paragraph 7#d7 of such subsection-- 7aa7 with respect to any qualified carbon oxide which is captured and used in the manner described in clause 7i7 of paragraph 7#d77;,b7 of such subsection1 an amount equal to the product of #ab and the inflation adjustment factor for such calendar year determined under section #dc7;b77#c77;,b7 for such calendar year1 determined by substituting #bjbe for #aiij1 and 7bb7 with respect to any qualified carbon oxide which is captured and utilized in the manner described in clause 7ii7 of paragraph 7#d77;,b7 of such subsection1 an amount equal to the product of #ag and the inflation adjustment factor for such calendar year determined under section #dc7;b77#c77;,b7 for such calendar year1 determined by substituting #bjbe for #aiij4 4 7b7 ,effective date ,the amendments made by this section shall apply to carbon oxide captured and utilized after ,december #ca1 #bjbc4