26 USC §48A allows up to a 30% tax credit for qualifying advanced coal projects generating electricity that also capture and sequester 65% or more of their carbon dioxide emissions. 26 USC §48B allows up to a 30% tax credit to qualifying gasification projects for electricity generation or industrial applications that capture and sequester at least 75% of their carbon dioxide emissions. Credits allocated under §§45A and 48B come with five-and seven-year in-service deadlines, respectively. The proposed Carbon Capture Modernization Act (2019) would correct design flaws in the 26 USC §48A program that have made it impossible for companies to access existing incentives to retrofit currently operating coal-fired power plants with carbon capture technology.