S.Amdt. 1626Senate115th Congress (2017-2019)2nd degree
S.Amdt. 1626
Sponsored by
Sen. Steve Daines (R-MT)
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. ______