CARBON MANAGEMENT ALLIANCE (FORMERLY CALLED ENERGY ADVANCE CENTER)

TAX · Taxation/Internal Revenue Code

Tax issues including Section 45Q and Section 38 General Business Tax Credits pertaining to CCUS; related provisions in H.R. 1, One Big Beautiful Bill Act. Guidance related to Section 45Q provisions amended in, "Inflation Reduction Act of 2022" (PL 117-169).

Literal federal measure citations: H.R. 1

ENG · Energy/Nuclear

Tax issues including Section 45Q and Section 38 General Business Tax Credits pertaining to CCUS. Statutory and regulatory improvements to facilitate broad and expeditious implementation of CCUS technology and related CO pipelines in the US reflected in the provisions of the reconciliation, "Inflation Reduction Act of 2022" (PL 117-169) and infrastructure bills. Permitting reform legislation relating to EPA UIC Class VI wells, including improvements in EPA permitting for Class VI wells and EPAs expedition of consideration of applications for Class VI primacy for states under EPAs UIC program.

ENV · Environment/Superfund

Tax issues including Section 45Q and Section 38 General Business Tax Credits pertaining to CCUS. Statutory and regulatory improvements to facilitate broad and expeditious implementation of CCUS technology and related CO pipelines in the US reflected in the provisions of the reconciliation, "Inflation Reduction Act of 2022" (PL 117-169) and infrastructure bills. Permitting reform legislation relating to EPA UIC Class VI wells, including improvements in EPA permitting for Class VI wells and EPAs expedition of consideration of applications for Class VI primacy for states under EPAs UIC program.