A bill to amend the Internal Revenue Code of 1986 to extend the credit for production of refined coal.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Feb 5, 2018)
This bill amends the Internal Revenue Code to extend the tax credit for the production of refined coal. With respect to refined coal production facilities that do not produce steel industry fuel, the bill: (1) allows facilities that were placed in service before January 1, 2012, to claim the credit for an additional 10 years, and (2) establishes an additional 3-year period (after December 31, 2017, and before January 1, 2021), during which facilities may qualify for the credit by being placed in service.
What just happenedFeb 5, 2018
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateFeb 5, 2018
- Feb 5, 2018IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Feb 5, 2018IntroReferral10000
Introduced in Senate