available under section 9512(c)(1)(C) of the Internal Revenue Code of 1986 for the four quarters of 2028, and (bb) the total amount available under section 9512(c)(1)(C) of the Internal Revenue Code of 1986 for the preceding calendar quarter, by (II) the total number of eligible dividend recipients for such preceding calendar quarter. (C) Eligible dividend recipient For purposes of this subsection, the term eligible dividend recipient means, with respect to any quarter, any individual with a valid social security number (other than a nonresident undocumented individual) who is lawfully present in the United States for such quarter, as determined and verified by the Secretary in consultation with any other Federal entity the Secretary determines appropriate. (D) Fund The term Fund means the Carbon Trust Fund established by section 9512 of the Internal Revenue Code of 1986 (as added by subsection (e)). (2) Regulations The Secretary of the Treasury shall promulgate regulations governing the payment of funds under paragraph (1), including— (A) procedures for the identification and maintenance of an accurate list of eligible dividend recipients, and (B) the use of electronic means for transfers of funds, to the maximum extent practicable. (e) Clerical amendment The table of subtitles for the Internal Revenue Code of 1986 is amended by adding at the end the following new item: Subtitle L. Carbon dioxide content of coal, oil, and natural gas. . (f) Effective date (1) Except as provided by paragraph (2), the amendments made by this section shall take effect on January 1, 2020. (2) The amendments made by subsection (c) shall apply to taxable years beginning after December 31, 2019.