S425-119

Introduced

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.

119th Congress Introduced Feb 5, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill adds or tightens a compliance mandate provision: 2. Parity for different uses and utilizations of qualified carbon oxide Section 45Q of the Internal Revenue Code of 1986 is amended— in subsection (a)— in paragraph. It relies on compliance mandates. The main policy areas are Energy.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Adds or tightens a compliance mandate provision: 2. Parity for different uses and utilizations of qualified carbon oxide Section 45Q of the Internal Revenue Code of 1986 is amended— in subsection (a)— in paragraph...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill adds or tightens a compliance mandate provision: 2. Parity for different uses and utilizations of qualified carbon oxide Section 45Q of the Internal Revenue Code of 1986 is amended— in subsection (a)— in paragraph.

Key Policy Areas

Energy

Primary Purpose

The bill adds or tightens a compliance mandate provision: 2. Parity for different uses and utilizations of qualified carbon oxide Section 45Q of the Internal Revenue Code of 1986 is amended— in subsection (a)— in paragraph.

Policy Domains

Energy

Legislative Progress

Introduced
Introduced Committee Passed
Feb 5, 2025

Mr. Barrasso (for himself, Mr. Lankford, Mr. Cassidy, Mr. Hoeven, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Energy
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology