Enhanced Energy Recovery Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5212 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5212 To amend the Internal Revenue Code of 1986 to modify the carbon oxide sequestration credit to ensure parity for different uses and utilizations of qualified carbon oxide. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES September 25, 2024 Mr. Barrasso (for himself, Mr. Lankford, and Mr. Cassidy) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to modify the carbon oxide sequestration credit to ensure parity for different uses and utilizations of qualified carbon oxide. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Enhanced Energy Recovery Act''. SEC. 2. PARITY FOR DIFFERENT USES AND UTILIZATIONS OF QUALIFIED CARBON OXIDE. (a) In General.--Section 45Q of the Internal Revenue Code of …