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H.R. 3542

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to permanently extend the Indian coal production tax credit, and for other purposes.
About This Bill
Committee
Latest Action · June 27, 2019
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
June 27, 2019
Cosponsors (0)
None
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Summary

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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.

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