Ask AI
S. 1361

A bill to amend the Internal Revenue Code of 1986 to extend and improve the Indian coal production tax credit.

Amends the Internal Revenue Code, with respect to the tax credit for producing electricity from an Indian coal production facility, to eliminate: (1) the requirement that such a facility be placed in service before January 1, 2009, and (2) the limitation on the period during which such coal is required to be produced and sold.

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2973)

Sen. Daines, Steve [R-MT](R-MT)Sponsor
4 cosponsors2 D2 R
4cosponsors1committees2actions1related bills4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2973)

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

A bill to amend the Internal Revenue Code of 1986 to extend and improve the Indian coal pr… — Informed