Section 45Q Carbon Oxide Sequestration Tax Credit
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-01-09 — Restoring Energy Market Freedom Act: Restoring Energy Market Freedom Act (introduced) is listed among proposals that would repeal §45Q as part of a broader rollback of clean-energy business tax credits. (novelty: 3)
- 2025-03-06 — 45Q Repeal Act of 2025: HR1946 (119th Congress, 45Q Repeal Act of 2025) introduced 2025-03-06 to fully repeal the IRC §45Q carbon oxide sequestration tax credit; referred to House Ways and Means. Losers: CCS project developers, enhanced oil recovery operators, and industrial emitters relying on the credit; winners: general taxpayers via reduced federal tax expenditure. (novelty: 3)