A bill to amend the Internal Revenue Code of 1986 to permanently extend the Indian coal production tax credit, and for other purposes.
USA116th CongressS-2029| Senate
| Updated: 6/27/2019
Steve Daines
Republican Senator
Montana
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Bill from Previous Congress
S 115-975A bill to amend the Internal Revenue Code of 1986 to permanently extend the Indian coal production tax credit.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Alternative and renewable resourcesCoalElectric power generation and transmissionIncome tax creditsIndian lands and resources rightsInflation and prices
A bill to amend the Internal Revenue Code of 1986 to permanently extend the Indian coal production tax credit, and for other purposes.
USA116th CongressS-2029| Senate
| 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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Bill from Previous Congress
S 115-975A bill to amend the Internal Revenue Code of 1986 to permanently extend the Indian coal production tax credit.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Steve Daines
Republican Senator
Montana
Finance Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Alternative and renewable resourcesCoalElectric power generation and transmissionIncome tax creditsIndian lands and resources rightsInflation and prices