[Congressional Record Volume 162, Number 54 (Monday, April 11, 2016)]
[Senate]
[Page S1875]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3637. Mr. DAINES submitted an amendment intended to be proposed to
amendment SA 3464 submitted by Mr. Thune (for himself and Mr. Nelson)
to the bill H.R. 636, to amend the Internal Revenue Code of 1986 to
permanently extend increased expensing limitations, and for other
purposes; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. ___. EXTENSION OF INDIAN COAL PRODUCTION TAX CREDIT.
(a) In General.--Section 45(e)(10)(A) of the Internal
Revenue Code of 1986 is amended by striking ``11-year
period'' each place it appears and inserting ``14-year
period''.
(b) Effective Date.--The amendments made by this section
shall apply to coal produced and sold after the date of the
enactment of this Act, in taxable years ending after such
date.
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