,,ii  #aai? ,,congress  #b;d ,session   
,s4 #cggh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #d1 #bjbf ,mr4
 ,%eehy 7= himself & ,ms4 ,cantwell7    
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to exp& ! c>bon   
oxide seque/ration cr$it to include     
solid or liquid c>bon capture           
facilities4  #a4 ,%ort title ,?is ,act  
may be cit$ z ! ,c>bon ,res\rce         
,innovation ,act4  #b4 ,expansion (     
c>bon oxide seque/ration cr$it to       
include solid or liquid c>bon capture   
facilities  7a7 ,9 g5]al ,section #de,q 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$--  7#a7 9 subsection 7c77#a7--    
7,a7 9 subp>agraph 7,b77iii71 by /rik+  
or at ! end1  7,b7 9 subp>agraph        
7,c77ii71 by /rik+ ! p]iod at ! end &   
ins]t+ 1 or1 &  7,c7 by add+ at ! end ! 
foll[+ new subp>agraph3  7,d7 9 ! case (
 a solid or liquid c>bon capture        
facility1 any c>bon :i*-- 7i7 is captur$

 9 liquid or solid =m by c>bon capture  
equipm5t1  7ii7 if n captur$1 w\ld be   
expect$ to-- 7,i7 be releas$ into !     
atmosph]e by natural processes z an     
emission ( gre5h\se gas1 or  7,,ii7 lead
 to su* release ?r\gh a comp>ison sy/em 
7z su* t]m is us$ 9 ,treasury           
,regulation section #a4de,q-#d7;c77#b771
 &  7iii7 is measur$ at ! s\rce (       
capture & v]ifi$ at ! po9t ( disposal1  
injection1 or utilization4  1  7#b7 9   
subsection 7d7-- 7,a7 9 ! matt] prec$+  
p>agraph 7#a71 by /rik+ or direct air   
capture facility & ins]t+ 1 direct air  
capture facility1 or solid or liquid    
c>bon capture facility1 &  7,b7 9       
p>agraph 7#b7-- 7i7 9 subp>agraph       
7,b77ii71 by /rik+ or at ! end1  7ii7 by
 r$esignat+ subp>agraph 7,c7 z          
subp>agraph 7,d71 &  7iii7 by ins]t+    
aft] subp>agraph 7,b7 ! foll[+ new      
subp>agraph3  7,c7 9 ! case ( a solid or
 liquid c>bon capture facility1 captures
 n less ?an #a1jjj metric tons (        
qualifi$ c>bon oxide dur+ ! taxable ye>1

 or  1  7#c7 9 subsection 7e7--  7,a7 by
 r$esignat+ p>agraph 7#e7 z p>agraph    
7#f71 &  7,b7 by ins]t+ aft] p>agraph   
7#d7 ! foll[+ new p>agraph3  7#e7 ,solid
 or liquid c>bon capture facility  7,a7 
,9 g5]al ,! t]m solid or liquid c>bon   
capture facility means any facility :i* 
uses c>bon capture equipm5t to capture  
c>bon 9 solid or liquid =m t w\ld       
o!rwise be releas$ into ! atmosph]e z a 
c>bon oxide1 includ+ a facility :i*     
results 9 a net r$uction ( c>bon :5     
comp>$ to a comp>ison sy/em 7z describ$ 
9 ,treasury ,regulation section         
#a4de,q-#d7;c77#b774  7,b7 ,o!r t]ms ,) 
respect to a facility describ$ 9        
subp>agraph 7,a7--  7i7 ! t]m capture   
means1 ) respect to c>bon1 ! process :i*
 enables disposal1 injection1 or        
utilization ( su* c>bon1 &  7ii7 ! t]m  
c>bon capture equipm5t means any        
equipm5t us$ at su* facility4  1 &  7#d7
 9 subsection 7f7-- 7,a7 9 p>agraph     
7#b71 by ins]t+ 1 & 9 ! case ( solid or 
liquid c>bon capture facilities1 %all   

also include und]gr\nd /orage *amb]s "u 
su* conditions t ! c>bon does n escape  
into ! atmosph]e aft] "u su*            
regulations1 &  7,b7 by add+ at ! end ! 
foll[+ new p>agraph3  7#aa7 ,c>bon      
captur$ by solid or liquid c>bon capture
 facility ,= purposes ( ?is section1 !  
am\nt ( c>bon :i* is captur$ by !       
taxpay] at a solid or liquid c>bon      
capture facility %all be equal to !     
c>bon dioxide equival5t ( ! metric tons 
( c>bon :i* are measur$ at ! s\rce (    
capture & v]ifi$ at ! po9t ( disposal1  
injection1 or utilization4  4  7b7      
,effective date ,! am5dm5ts made by ?is 
section %all apply to c>bon captur$ aft]
 ! date ( enactm5t ( ?is ,act4