S. 1361 · 114th Congress
A bill to amend the Internal Revenue Code of 1986 to extend and improve the Indian coal production tax credit.
- Stage
- In committee
- Sponsor
- Steve Daines
- Introduced
- 2015-05-18
- Latest action
- 2015-05-18 · Introduced in Senate
Summary
Amends the Internal Revenue Code, with respect to the tax credit for producing electricity from an Indian coal production facility, to eliminate: (1) the requirement that such a facility be placed in service before January 1, 2009, and (2) the limitation on the period during which such coal is required to be produced and sold.