eligible component
Defined in 2 places of the United States Code.
The term “eligible component” means any equipment which is installed in an industrial carbon dioxide facility that satisfies the requirements under paragraph (3) and which is—
(I) used for the purpose of capture, treatment and purification, compression, transportation, or on-site storage of carbon dioxide produced by the industrial carbon dioxide facility, or
(II) integral or functionally related and subordinate to a process which converts a solid or liquid product from coal, petroleum residue, biomass, or other materials which are recovered for their energy or feedstock value into a synthesis gas composed primarily of carbon dioxide and hydrogen for direct use or subsequent chemical or physical conversion.
Source
- 2021–present26 U.S.C. § 142Internal Revenue Code · Exempt facility bond · for purposes of this section
The term “eligible component” means—
(I) any property described in section 45X(c)(1), or
(II) any component which is identified by the Secretary pursuant to regulations or guidance issued under subparagraph (G).
Source
- 2025–present26 U.S.C. § 7701Internal Revenue Code · Definitions · in this subtitle