US SB2029 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 27 2019 - 25% progression, died in committee
Action: 2019-06-27 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 27 2019 - 25% progression, died in committee
Action: 2019-06-27 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
A bill to amend the Internal Revenue Code of 1986 to permanently extend the Indian coal production tax credit, and for other purposes.
Sponsors
Sen. Steve Daines [R-MT] |
History
Date | Chamber | Action |
---|---|---|
2019-06-27 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3542 (Same As) 2019-06-27 - Referred to the House Committee on Ways and Means.
Subjects
Alternative and renewable resources
Coal
Electric power generation and transmission
Income tax credits
Indian lands and resources rights
Inflation and prices
Taxation
Coal
Electric power generation and transmission
Income tax credits
Indian lands and resources rights
Inflation and prices
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2029/all-info |
Text | https://www.congress.gov/116/bills/s2029/BILLS-116s2029is.pdf |