To amend the Internal Revenue Code of 1986 to extend the credit period for the production of refined coal, and for other purposes.

Summary

The bill rewrites the Internal Revenue Code so the tax credit for making refined coal—fuel for the steel industry—must be claimed before January 1, 2033 instead of a ten‑year window from a plant’s start date. It applies to refined coal produced and sold after December 31, 2025, affecting coal producers and the steel sector that uses the fuel.

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