service from any facility (other than a power generation facility) which is a qualified facility described in section 45Q(c) and the captured qualified carbon oxide (as so defined) of which is disposed of as provided in paragraph (6). . (b) Disposal and utilization of captured carbon dioxide Section 7704(d) of such Code is amended by adding at the end the following new paragraph: (6) Disposal and utilization of captured carbon dioxide For purposes of clauses (iii)(II) and (iv)(II) of paragraph (1)(E), carbon dioxide is disposed of or utilized as provided in this paragraph if such carbon dioxide is— (A) placed into secure geological storage (as determined under section 45Q(f)(2)), (B) used as a tertiary injectant (as defined in section 45Q(e)(3)) in a qualified enhanced oil or natural gas recovery project (as defined in section 45Q(e)(2)) and placed into secure geological storage (as so determined), (C) fixed through photosynthesis or chemosynthesis (including through the growing of algae or bacteria), (D) chemically converted to a material or chemical compound in which it is securely stored, or (E) used for any other purpose which the Secretary determines has the potential to strengthen or significantly develop a competitive market for carbon dioxide captured from man-made sources. . (c) Effective date The amendments made by this section shall take effect on the date of the enactment of this Act, in taxable years ending after such date. 135. Production tax credit for certain electricity generation using carbon capture utilization and storage (a) In general Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 45U. Electricity produced using carbon capture utilization and storage technology (a) General rule For purposes of section 38, the carbon capture production credit for any taxable year is an amount equal to— (1) in the case of a qualified facility using fossil fuels, the product of— (A) the megawatt hours of