1. Permanent extension of Indian coal production tax credit
In general— Section 45(e)(10)(A) of the Internal Revenue Code of 1986 is amended by striking “per ton of Indian coal—” and all that follows and inserting the following:
“(i) produced by the taxpayer at an Indian coal production facility, and
“(ii) sold (either directly by the taxpayer or after sale or transfer to one or more related persons) to an unrelated person.”
Effective date— The amendment made by this section shall apply to coal produced and sold after January 1, 2017.