A bill to amend the Internal Revenue Code of 1986 to extend the credit period for the production of refined coal, and for other purposes.
Read twice and referred to the Committee on Finance.
Summary
The bill changes the Internal Revenue Code so that producers of refined coal can claim the existing credit until early 2033 instead of a fixed ten‑year period. It applies to coal refined after Dec. 31 2025 and adds a reference that the fuel can be used by the steel industry. This extension aims to keep the incentive alive for coal facilities that supply steel makers.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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