S.Amdt. 1626Senate115th Congress (2017-2019)2nd degree

S.Amdt. 1626

Submitted November 29, 2017

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Senate amendment submitted

November 29, 2017

Text

Submitted

SA 1626. Mr. DAINES submitted an amendment intended to be proposed to
amendment SA 1618 submitted by Mr. Hatch (for himself and Ms.
Murkowski) and intended to be proposed to the bill H.R. 1, to provide
for reconciliation pursuant to titles II and V of the concurrent
resolution on the budget for fiscal year 2018; which was ordered to lie
on the table; as follows:

At the appropriate place, insert the following:

SEC. __. PERMANENT EXTENSION OF INDIAN COAL PRODUCTION TAX
CREDIT.

(a) In General.--Section 45(e)(10)(A) is amended by
striking ``per ton of Indian coal--'' and all that follows
and inserting the following: ``per ton of Indian coal--
``(i) produced by the taxpayer at an Indian coal production
facility, and
``(ii) sold (either directly by the taxpayer or after sale
or transfer to one or more related persons) to an unrelated
person.''.
(b) Effective Date.--The amendment made by this section
shall apply to coal produced and sold after January 1, 2017.
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