Tax Credits for Refined Coal Production Would Be Extended Until 2033
A bill would let companies that produce refined coal claim a special tax credit for a longer time. Instead of a 10-year limit, they could get the credit until January 1, 2033. This change would apply to coal produced and sold after December 31, 2025.
Today, companies can claim a tax credit for producing refined coal for a 10-year period after their facility opens. If this bill becomes law, they would be able to claim this credit for refined coal produced and sold until January 1, 2033, overriding the 10-year limit. This would take effect for coal produced and sold after December 31, 2025.
HR 7070 · 119th Congress · January 14, 2026 · AI Summary by gemini-2.5-flash · 8/10
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4 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.