Bill117th CongressFiled Mar 16, 2021Taxation
S. 759
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
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What it doesSummary introduced in senate (Mar 16, 2021)
This bill extends 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, 2020, and before January 1, 2024), during which facilities may qualify for the credit by being placed in service.
What just happenedMar 16, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Hoeven, John [R-ND](R-ND)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions4subjects
- Introduced in SenateMar 16, 2021
- Mar 16, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 16, 2021IntroReferral10000
Introduced in Senate