[Congressional Record Volume 163, Number 194 (Wednesday, November 29, 2017)]
[Senate]
[Page S7469]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1624. Mr. HOEVEN submitted an amendment intended to be proposed to
amendment SA 1618 proposed by Mr. Hatch (for himself and Ms. Murkowski)
and intended to be proposed to the bill H.R. 1, to provide for
reconciliation pursuant to titles II and V of the concurrent resolution
on the budget for fiscal year 2018; which was ordered to lie on the
table; as follows:
At the end of subpart A of part V of subtitle C of title I,
add the following:
SEC. 13405. EXTENSION OF REFINED COAL PRODUCTION TAX CREDIT.
(a) Extension of Period During Which Refined Coal Can Be
Produced.--Section 45(e)(8) is amended by adding at the end
the following new subparagraph:
``(E) Extension of credit period for certain refined coal
facilities.--In the case of a refined coal production
facility which does not produce steel industry fuel and which
is placed in service before January 1, 2012, clauses (i) and
(ii)(II) of subparagraph (A) shall each be applied by
substituting `20-year period' for `10-year period'.''.
(b) Extension of Period During Which Refined Coal
Facilities Can Be Qualified.--Subparagraph (B) of section
45(d)(8) is amended--
(1) by striking ``placed in service after'' and inserting
``placed in service--
``(i) after'',
(2) by striking the period at the end and inserting ``,
or'', and
(3) by adding at the end the following new clause:
``(ii) after December 31, 2017, and before January 1,
2021.''.
(c) 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 date.
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