of in secure geological storage at a qualified enhanced oil or natural gas recovery project if— (I) such carbon oxide is injected in compliance with rules promulgated by the Environmental Protection Agency which are applicable to carbon oxide used as a tertiary injectant in a qualified enhanced oil or natural gas recovery project under subpart C of part 146 of title 40, Code of Federal Regulations (as in effect on the date of the enactment of this paragraph), under the Safe Drinking Water Act, to the extent such rules are applicable to Class II wells, (II) the injection of such carbon oxide at such project is reported in compliance with subpart UU of part 98 of title 40, Code of Federal Regulations (as in effect on the date of the enactment of this paragraph), under the Clean Air Act, (III) the supply of such carbon oxide to such project is reported in compliance with subpart PP of part 98 of title 40, Code of Federal Regulations (as in effect on the date of the enactment of this paragraph), under the Clean Air Act, (IV) the atmospheric emission of such carbon oxide from such project is reported in compliance with subparts C and W of part 98 of title 40, Code of Federal Regulations (as in effect on the date of the enactment of this paragraph), under the Clean Air Act, to the extent such subparts are applicable to such project, and (V) the demonstration and documentation of the containment, monitoring and quantification of such carbon oxide conforms to ISO 27916:2019 (entitled Carbon dioxide capture, transportation and geological storage - Carbon dioxide storage using enhanced oil recovery (CO2-EOR) ) or the equivalent standard of the American National Standards Institute. . (b) Qualified enhanced oil or natural gas recovery project Paragraph (2) of section 45Q(e) of the Internal Revenue Code of 1986 is amended— (1) by striking by substituting and inserting “determined— (A) by substituting— , (2) by striking the period and inserting , and , and (3) by inserting at the end the following: (B) without regard to