[Congressional Record (Bound Edition), Volume 160 (2014), Part 7]
[Extensions of Remarks]
[Page 10568]
[From the U.S. Government Publishing Office, www.gpo.gov]




                   INDIAN COAL PRODUCTION TAX CREDIT

                                 ______
                                 

                           HON. STEVE DAINES

                               of montana

                    in the house of representatives

                        Thursday, June 19, 2014

  Mr. DAINES. Mr. Speaker, since it was first offered as part of the 
Energy Tax Incentives Act of 2005, the Indian Coal Production Tax 
Credit has been a crucial tax incentive that levels the playing field 
for the production of Indian coal. However, it expired last year.
  Before its expiration, this important incentive served as a counter-
balance to the additional costs and time required to develop Tribal 
coal deposits, which are subject to more regulatory requirements than 
comparable development on private, state, or federal lands.
  The production of coal has been a boon for the Crow Tribe of the 
State of Montana and has already generated more than 125 jobs for 
Tribal members. Crow Tribal Chairman Darrin Old Coyote has called the 
tax credit an ``essential tool'' to ``the economic viability of our 
existing coal mining operations.''
  Montana's Northern Cheyenne tribe and other coal-producing tribes 
stand ready to likewise utilize this important policy to create jobs 
and increase energy development.
  I urge my colleagues to pass H.R. 4785 and make the Indian Coal 
Production Tax Credit permanent to ensure strong economic benefits for 
future generations of Montana Tribes.

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