Termination of increased credit for carbon oxide sequestration

(a) In general Section 45Q(h) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: (6) Termination Paragraph (1) shall not apply to any carbon capture equipment the construction of which begins after the date of the enactment of this paragraph (determined without regard to when construction of the qualified facility begins).. (b) Effective date The amendment made by this section shall apply to property the construction of which begins after the date of the enactment of this Act.