[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 1405 Introduced in Senate (IS)]

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116th CONGRESS
  1st Session
                                S. 1405

  To amend the Internal Revenue Code of 1986 to extend the credit for 
                      production of refined coal.


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                   IN THE SENATE OF THE UNITED STATES

                              May 9, 2019

  Mr. Daines (for himself, Mr. Cramer, Mrs. Capito, and Mr. Gardner) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to extend the credit for 
                      production of refined coal.

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

SECTION 1. EXTENSION OF REFINED COAL PRODUCTION TAX CREDIT.

    (a) In General.--Section 45(e)(8) of the Internal Revenue Code of 
1986 is amended--
            (1) in subparagraph (A), by striking ``10-year period'' 
        each place it appears and inserting ``12-year period'', and
            (2) in subparagraph (D)(ii)(II), by striking ``10-year 
        period'' and inserting ``12-year period''.
    (b) Effective Date.--The amendments made by this section shall 
apply to coal produced and sold after December 31, 2018.
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