HR 3542 · 116th Congress · Taxation

To amend the Internal Revenue Code of 1986 to permanently extend the Indian coal production tax credit, and for other purposes.

Introduced 2019-06-27· Sponsored by Rep. Gianforte, Greg [R-MT-At Large]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-06-27)

Plain Language Summary

[AI summary unavailable — showing source text] This bill 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only