APPLICATION OF MONITORING REQUIREMENTS TO CARBON DIOXIDE USED AS A TERTIARY INJECTANT.

SEC. 1131. APPLICATION OF MONITORING REQUIREMENTS TO CARBON DIOXIDE USED AS A TERTIARY INJECTANT.(a) In General.—Section 45Q(a)(2) is amended by striking “and” at the end of subparagraph (A), by striking the period at the end of subparagraph (B) and inserting “, and”, and by adding at the end the following new subparagraph:“(C) disposed of by the taxpayer in secure geological storage.”.(b) Conforming Amendments.—(1) Section 45Q(d)(2) is amended—(A) by striking “subsection (a)(1)(B)” and inserting “paragraph (1)(B) or (2)(C) of subsection (a)”,(B) by striking “and unminable coal seems” and inserting “, oil and gas reservoirs, and unminable coal seams”, and(C) by inserting “the Secretary of Energy, and the Secretary of the Interior,” after “Environmental Protection Agency”.(2) Section 45Q(a)(1)(B) is amended by inserting “and not used by the taxpayer as described in paragraph (2)(B)” after “storage”.(3) Section 45Q(e) is amended by striking “captured and disposed of or used as a tertiary injectant” and inserting “taken into account in accordance with subsection (a)”.(c) Effective Date.—The amendments made by this section shall apply to carbon dioxide captured after the date of the enactment of this Act.123 STAT. 326