S.1325: A bill to amend the Internal Revenue Code of 1986 to permanently extend and modify the section 45 credit for refined coal from steel industry fuel, and for other purposes.

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced June 23, 2009
  • Latest Major Action June 23, 2009

Bill Cosponsor

Bill Summary

Amends Internal Revenue Code provisions relating to the tax credit for the production of electricity from renewable resources to: (1) extend permanently the credit period for the production of steel industry fuel; (2) extend through 2011 the placed-in-service date requirement for refined coal production facilities; (3) revise the definition of "steel industry fuel" to allow mixtures of petroleum coke in such fuel; and (4) set forth ownership...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
June 23, 2009

Introduced in the Senate by Arlen Specter (D-Pa.)

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