S 1361
114th Congress
Senate
Taxation
Coal
Electric power generation and transmission
Income tax credits
Indian lands and resources rights
A bill to amend the Internal Revenue Code of 1986 to extend and improve the Indian coal production tax credit.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 18, 2015
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2973)
May 18, 2015
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2973)
Committees of jurisdiction
1