This bill amends the Internal Revenue Code to permanently increase the tax credit for production of electricity from renewable resources by $4.00 per ton in the case of Indian coal, with an updated inflation adjustment to the dollar amount for calendar years after 2018.
Alternative and renewable resourcesCoalElectric power generation and transmissionIncome tax creditsIndian lands and resources rightsInflation and prices
To amend the Internal Revenue Code of 1986 to permanently extend the Indian coal production tax credit, and for other purposes.
USA116th CongressHR-3542| House
| Updated: 6/27/2019
This bill amends the Internal Revenue Code to permanently increase the tax credit for production of electricity from renewable resources by $4.00 per ton in the case of Indian coal, with an updated inflation adjustment to the dollar amount for calendar years after 2018.
Alternative and renewable resourcesCoalElectric power generation and transmissionIncome tax creditsIndian lands and resources rightsInflation and prices