S.Amdt. 3637Senate114th Congress (2015-2017)2nd degree
S.Amdt. 3637
Sponsored by
Sen. Steve Daines (R-MT)
Submitted April 11, 2016
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Senate amendment submitted
April 11, 2016
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Senate amendment submitted
April 11, 2016
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Senate amendment submitted
April 11, 2016
Text
Submitted
SA 3637. Mr. DAINES submitted an amendment intended to be proposed to amendment SA 3464 submitted by Mr. Thune (for himself and Mr. Nelson) to the bill H.R. 636, to amend the Internal Revenue Code of 1986 to permanently extend increased expensing limitations, and for other purposes; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. ___. EXTENSION OF INDIAN COAL PRODUCTION TAX CREDIT. (a) In General.--Section 45(e)(10)(A) of the Internal Revenue Code of 1986 is amended by striking ``11-year period'' each place it appears and inserting ``14-year period''. (b) Effective Date.--The amendments made by this section shall apply to coal produced and sold after the date of the enactment of this Act, in taxable years ending after such date. ______