,,ii  #aafth ,,congress  #ast ,session  
,s4 #bjbi  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #bg1     
#bjai,mr4 ,daines introduced the        
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to permanently  
extend the ,indian coal production tax  
credit1 and for other purposes4  #a4    
,permanent extension of ,indian coal    
production tax credit  7a7 ,in general  
,section #de7;e77#aj7 of the ,internal  
,revenue ,code of #aihf is amended--    
7#a7 in subparagraph 7,a71 by striking  
the applicable dollar amount per ton of 
,indian coal and all that follows and   
inserting the following3  #d4jj per ton 
of ,indian coal-- 7i7 produced by the   
taxpayer at an ,indian coal production  
facility1 and  7ii7 sold 7either        
directly by the taxpayer or after sale  
or transfer to one or more related      
persons7 to an unrelated person during  
such taxable year4  1 and  7#b7 by      

striking subparagraph 7,b7 and inserting
 the following3  7,b7 ,inflation        
adjustment ,in the case of any calendar 
year after #bjah1 the dollar amount in  
subparagraph 7,a7 shall be equal to the 
product of such dollar amount and the   
inflation adjustment factor determined  
under paragraph 7#b77;,b7 for the       
calendar year1 except that such         
paragraph shall be applied by           
substituting #bjag for #aiib4  4  7b7   
,definition of ,indian coal             
,subparagraph 7,a7 of section           
#de7;c77#i7 of the ,internal ,revenue   
,code of #aihf is amended to read as    
follows3  7,a7 ,in general ,the term    
,indian coal means coal which is        
produced from coal reserves which are-- 
7i7 owned or controlled by an ,indian   
tribe1  7ii7 owned or controlled by an  
enrolled member of an ,indian tribe1 or 
7iii7 held in trust by the ,united      
,states for the benefit of an ,indian   
tribe or its members4  4  7c7 ,effective
 date ,the amendments made by this      

section shall apply to coal produced and
 sold after ,january #a1 #bjah4