S 2029
116th Congress
Senate
Taxation
Alternative and renewable resources
Coal
Electric power generation and transmission
Income tax credits
Indian lands and resources rights
Inflation and prices
A bill to amend the Internal Revenue Code of 1986 to permanently extend the Indian coal production tax credit, and for other purposes.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 2019
Read twice and referred to the Committee on Finance.
Jun 27, 2019
Introduced in Senate
Plain-English summary
This bill amends the Internal Revenue Code to permanently increase the tax credit for production of electricity from renewable resources by $4.00 per ton in the case of Indian coal, with an updated inflation adjustment to the dollar amount for calendar years after 2018.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1