US SB425

Amends Section 45Q of the Internal Revenue Code to create equal tax credit rates for all qualified carbon oxide disposal and utilization methods, eliminating the previous distinction between different uses

Sets the base carbon oxide sequestration credit at $17 per metric ton for taxable years 2025-2026, with inflation adjustments beginning in 2027

Increases the credit to $36 per metric ton when prevailing wage and apprenticeship requirements are met

Consolidates three categories of qualified carbon oxide use into one framework: secure geological storage, use as tertiary injectant in enhanced oil or natural gas recovery projects, and other qualified utilization

Applies to taxable years beginning after December 31, 2024