[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[S. 1095 Introduced in Senate (IS)]







106th CONGRESS
  1st Session
                                S. 1095

To amend section 29 of the Internal Revenue Code of 1986 to extend the 
        placed in service date for biomass and coal facilities.


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                   IN THE SENATE OF THE UNITED STATES

                              May 20, 1999

 Mr. Conrad (for himself and Mr. Hatch) introduced the following bill; 
     which was read twice and referred to the Committee on Finance

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                                 A BILL


 
To amend section 29 of the Internal Revenue Code of 1986 to extend the 
        placed in service date for biomass and coal facilities.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Biomass and Coal Facilities 
Extension Act''.

SEC. 2. EXTENSION OF PLACED IN SERVICE DATE FOR BIOMASS AND COAL 
              FACILITIES.

    (a) In General.--Section 29(g)(1)(A) of the Internal Revenue Code 
of 1986 (relating to extension for certain facilities) is amended by 
striking ``July 1, 1998'' and inserting ``the date which is 8 months 
after the date of the enactment of the Biomass and Coal Facilities 
Extension Act''.
    (b) Effective Date.--The amendment made by this section shall take 
effect on the date of the enactment of this Act.
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