,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #aidf  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #f1 #bjbe,mr4    
,p]ry 7= himself & ,mr4 ,khanna7        
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to repeal ! c>bon oxide   
seque/ration cr$it4  #a4 ,%ort title    
,?is ,act may be cit$ z ! #de,q ,repeal 
,act ( #bjbe4  #b4 ,repeal ( c>bon oxide
 seque/ration cr$it  7a7 ,9 g5]al       
,subp>t ,d ( "p ,,iv ( sub*apt] ,a (    
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by repeal+ section #de,q 
& by /rik+ ! item relat+ to su* section 
f ! table ( sections = su* subp>t4  7b7 
,con=m+ am5dm5ts  7#a7 ,section #ch7;b7 
is am5d$ by /rik+ p>agraph 7#bi74  7#b7 
,section #de,v7d7 is am5d$ by /rik+     
p>agraph 7#b74  7#c7 ,section           
#dh7;a77#ae7 is am5d$-- 7,a7 9          
subp>agraph 7,b71 by /rik+ or section   
#de,q1 &  7,b7 9 subp>agraph            
7,c77ii77,i71 by /rik+ or #de,q4  7#d7  

,section #de,y7b77#a77;,d7 is am5d$ by  
/rik+ #de,q14  7#e7 ,section            
#de,y7b77#b77;,d7 is am5d$ to read z    
foll[s3  7,d7 ,c>bon capture &          
seque/ration equipm5t  7i7 ,9 g5]al ,=  
purposes ( ?is subsection1 ! am\nt (    
gre5h\se gases emitt$ into ! atmosph]e  
by a facility 9 ! production (          
electricity %all n include any qualifi$ 
c>bon dioxide t is captur$ by ! taxpay] 
&--  7,i7 pursuant to any regulations   
e/abli%$ "u clause 7ii71 dispos$ ( by ! 
taxpay] 9 secure geological /orage1 or  
7,,ii7 utiliz$ by ! taxpay] 9 a mann]   
describ$ 9 p>agraph 7#e7 ( su* section4 
7ii7 ,regulations  7,i7 ,9 g5]al ,!     
,secret>y1 9 consultation ) !           
,adm9i/rator ( ! ,environm5tal          
,protection ,ag5cy1 ! ,secret>y (       
,en]gy1 & ! ,secret>y ( ! ,int]ior1 %all
 e/abli% regulations = det]m9+ adequate 
security measures = ! geological /orage 
( qualifi$ c>bon oxide "u clause 7i7 su*
 t ! qualifi$ c>bon oxide does n escape 
into ! atmosph]e4 ,su* t]m %all include 

/orage at deep sal9e =mations1 oil & gas
 res]voirs1 & unm9able coal seams "u su*
 conditions z ! ,secret>y may det]m9e "u
 su* regulations4  7,,ii7 ,qualifi$     
c>bon oxide ,= purposes ( ?is clause1 ! 
t]m qualifi$ c>bon oxide has ! mean+    
giv5 su* t]m 9 section #de,q7c7 z su*   
section 0 9 effect on ! day be=e ! date 
( ! enactm5t ( ! #de,q ,repeal ,act (   
#bjbe4  4  7#f7 ,section                
#de,z7d77#d77;,b7 is am5d$ by /rik+     
clause 7iii74  7#g7 ,section #dh;,c7f7  
is am5d$ by /rik+ #de,q14  7#h7 ,section
 #dh;,e7b77#c77;,c7 is am5d$ by /rik+   
clause 7iii74  7#i7 ,section            
#adb7o77#a77;,b7 is am5d$ by ins]t+ 1 z 
su* section 0 9 effect on ! day be=e !  
date ( ! enactm5t ( ! #de,q ,repeal ,act
 ( #bjbe aft] #de,q7e77#c74  7#aj7      
,section #fdag is am5d$-- 7,a7 9        
subsection 7b7 by /rik+ p>agraph 7#c71 &
  7,b7 9 subsection 7d7-- 7i7 9 p>agraph
 7#a77;,c71 by ins]t+ 1 z su* section 0 
9 effect on ! day be=e ! date ( !       
enactm5t ( ! #de,q ,repeal ,act ( #bjbe 

aft] #de,q7d71 &  7ii7 9 p>agraph       
7#c77;,c77i77,,ii77bb71 by /rik+ p]iod  
describ$ 9 p>agraph 7#c77;,a7 or        
7#d77;,a7 ( section #de,q7a7 ) respect  
to su* equipm5t & ins]t+ #ab-ye> p]iod  
beg9n+ on ! date ! equipm5t 0 orig9ally 
plac$ 9 s]vice4  7#aa7 ,section         
#fdah7;f77#a77;,a7 is am5d$ by /rik+    
clause 7iii74  7c7 ,effective date ,!   
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjbe4