Bill > HR7070

This bill amends the Internal Revenue Code of 1986 to extend the tax credit period for the production of refined coal, which is a type of coal processed to reduce emissions and improve its combustion qualities. Specifically, it changes the existing law to allow this credit to be claimed for refined coal produced and sold before January 1, 2033, instead of the previous limit tied to a 10-year period from when a facility was first put into operation. The bill also makes conforming changes to related sections of the tax code and clarifies that the amendments apply to refined coal produced and sold after December 31, 2025.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/7070/all-info