Referred to the House Committee on Ways and Means.
Taxation
Why This Matters
This bill extends the period during which companies can receive tax credits for producing refined coal, encouraging continued production and investment in this area.
If you work in coal production, this bill could help secure your job for a few more years.
Who this affects
Coal production facilities · Workers
What changes is this bill making?
1This bill extends the tax credit for producing refined coal until January 1, 2033.
2It allows facilities producing refined coal to benefit from this credit for several more years.
3The changes apply to refined coal produced and sold after December 31, 2025.
4The bill modifies existing tax code sections related to refined coal production.
