1. Short title
This Act may be cited as the “Black Lung Benefits Disability Trust Fund Solvency Act of 2020”.
Black Lung Benefits Disability Trust Fund Solvency Act of 2020
A BILL
To amend the Internal Revenue Code of 1986 to ensure the solvency of the Black Lung Disability Trust Fund by extending the excise tax on coal.
2. Extension of black lung disability trust fund excise tax
In general— Section 4121(e)(2)(A) of the Internal Revenue Code of 1986 is amended by striking “December 31, 2020” and inserting “December 31, 2030”.
Effective date— The amendments made by this section shall apply on and after the first day of the first calendar month beginning after the date of the enactment of this Act.