End Polluter Welfare for Enhanced Oil Recovery Act of 2026 eliminates tax credits for carbon oxide use in oil recovery.
The End Polluter Welfare for Enhanced Oil Recovery Act of 2026 amends the Internal Revenue Code to end tax credits for using carbon oxide in enhanced oil recovery. This change applies to facilities starting construction after the bill's enactment. The bill also removes section 43 from the Internal Revenue Code and makes conforming amendments to other sections.
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