Library / Laws / 116th / hr / H.R. 2622 / Introduced in House
I
116th CONGRESS
1st Session
H. R. 2622
IN THE HOUSE OF REPRESENTATIVES
May 9, 2019Mr. Gianforte (for himself and Mr. McKinley) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to extend the credit for production of refined coal.
1.
Extension of refined coal production tax credit
(a)
In general
Section 45(e)(8) of the Internal Revenue Code of 1986 is amended—
(1) in subparagraph (A), by striking 10-year period each place it appears and inserting 12-year period, and
(2) in subparagraph (D)(ii)(II), by striking 10-year period and inserting 12-year period.
(b)
Effective date
The amendments made by this section shall apply to coal produced and sold after December 31, 2018.