{"abstract":"This document contains proposed regulations regarding the credit for carbon oxide sequestration under section 45Q of the Internal Revenue Code (Code). These proposed regulations will affect persons who physically or contractually ensure the capture and disposal of qualified carbon oxide, use of qualified carbon oxide as a tertiary injectant in a qualified enhanced oil or natural gas recovery project, or utilization of qualified carbon oxide in a manner that qualifies for the credit.","action":"Notice of proposed rulemaking.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2020/06/02/2020-11907.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1","title":26}],"citation":"85 FR 34050","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Written or electronic comments and requests for a public hearing must be received by August 3, 2020. Requests for a public hearing must be submitted as prescribed in the \"Comments and Requests for a Public Hearing\" section.","disposition_notes":null,"docket_ids":["REG-112339-19"],"dockets":[],"document_number":"2020-11907","effective_on":null,"end_page":34075,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/06/02/2020-11907.xml","html_url":"https://www.federalregister.gov/documents/2020/06/02/2020-11907/credit-for-carbon-oxide-sequestration","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-11907?publication_date=2020-06-02","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-06-02/2020-11907/mods.xml","not_received_for_publication":null,"page_length":26,"page_views":{"count":7073,"last_updated":"2026-08-26 10:15:07 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-06-02/pdf/2020-11907.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-11907.pdf?1590768357","publication_date":"2020-06-02","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/06/02/2020-11907.txt","regulation_id_number_info":{"1545-BP42":{"issue":"202010","html_url":"https://www.federalregister.gov/regulations/1545-BP42/credit-for-carbon-oxide-sequestration","title":"Credit for Carbon Oxide Sequestration","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202010&RIN=1545-BP42&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"}},"regulation_id_numbers":["1545-BP42"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BP42/credit-for-carbon-oxide-sequestration","title":"Credit for Carbon Oxide Sequestration"},"comments_count":66,"agency_id":"IRS","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2020-0013","supporting_documents_count":0,"docket_id":"IRS-2020-0013","document_id":"IRS-2020-0013-0001","regulation_id_number":"1545-BP42","title":"Credit for Carbon Oxide Sequestration (REG-112339-19)","checked_regulationsdotgov_at":"2022-02-09T04:30:04Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":34050,"subtype":null,"title":"Credit for Carbon Oxide Sequestration","toc_doc":null,"toc_subject":null,"topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Proposed Rule","volume":85}