S. 4112

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4112 Introduced in Senate (IS)]

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119th CONGRESS
2d Session
S. 4112

To amend the Internal Revenue Code of 1986 to extend the credit period 
for the production of refined coal, and for other purposes.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

March 17, 2026

Mr. Justice introduced the following bill; which was read twice and 
referred to the Committee on Finance

_______________________________________________________________________

A BILL

To amend the Internal Revenue Code of 1986 to extend the credit period 
for the production of refined coal, and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXTENSION OF CREDIT PERIOD FOR REFINED COAL PRODUCTION.

(a) In General.--Section 45(e)(8)(A) of the Internal Revenue Code 
of 1986 is amended--
(1) in clause (i), by striking ``during the 10-year period 
beginning on the date the facility was originally placed in 
service'' and inserting ``before January 1, 2033'', and
(2) in clause (ii), by amending subclause (II) to read as 
follows:
``(II) before January 1, 2033, and 
during such taxable year.''.
(b) Conforming Amendments.--
(1) Section 45(e)(8)(D) of such Code is amended--
(A) in clause (ii)--
(i) by striking subclause (II), and
(ii) by redesignating subclause (III) as 
subclause (II),
(B) by striking clause (iii), and
(C) by redesignating clause (iv) as clause (iii).
(2) Section 45(d)(8)(A) of such Code is amended by 
inserting ``which allows such facility to produce steel 
industry fuel'' after ``any modification to a facility''.
(c) Effective Date.--The amendments made by this section shall 
apply to refined coal produced and sold after December 31, 2025.
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