A bill to amend the Internal Revenue Code of 1986 to extend the credit period for the production of refined coal, and for other purposes.

This bill changes the federal tax credit for producing refined coal. Right now, a facility can claim the credit only during the 10 years after it was first placed in service. The bill would instead let facilities claim the credit for refined coal produced and sold before January 1, 2033. It also makes related technical changes, including to the rules for facility modifications that allow production of steel industry fuel, and applies to refined coal produced and sold after December 31, 2025.

Full text and official record on Congress.gov

Sponsors

• James C. Justice Republican sponsor
• 0 cosponsors