HR 1443
103th Congress
House
Taxation
Business income tax
Coal
Employee health benefits
Energy policy
Health
Health insurance
Income tax
Insurance premiums
Iron and steel industry
Metallurgy
Minimum tax
Tax credits
To amend the Internal Revenue Code of 1986 to provide a tax credit to businesses which mine metallurgical coal and are required to make contributions to the UMWA Combined Benefit Fund created by the Energy Policy Act of 1992.
Introduced: March 24, 1993
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 31, 1993
Sponsor introductory remarks on measure. (CR E853)
Mar 24, 1993
Referred to the House Committee on Ways and Means.
Mar 24, 1993
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow a general business credit for metallurgical coal mining. Declares such credit to consist of: (1) the lesser of a percentage of coal industry health benefit premiums; or (2) a percentage of the sale of metallurgical coal. Allows such credit to offset a percentage of the minimum tax.
What's happening now
Sponsor introductory remarks on measure. (CR E853)
Committees of jurisdiction
1
Cosponsors
1