Sec. 1321. EXTENSION OF CREDIT FOR PRODUCING FUEL FROM A NONCONVENTIONAL SOURCE FOR FACILITIES PRODUCING COKE OR COKE GAS

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## SEC. 1321 EXTENSION OF CREDIT FOR PRODUCING FUEL FROM A NONCONVENTIONAL SOURCE FOR FACILITIES PRODUCING COKE OR COKE GAS ###

(a)In General Section 29 (relating to credit for producing fuel from a nonconventional source) is amended by adding at the end the following new subsection: > > ### “(h) Extension for Facilities Producing Coke or Coke Gas > > Notwithstanding subsection (f)— > > > #### “(1) In general > > In the case of a facility for producing coke or coke gas which was placed in service before January 1, 1993, or after June 30, 1998, and before January 1, 2010, this section shall apply with respect to coke and coke gas produced in such facility and sold during the period— > > > ##### “(A) > > beginning on the later of January 1, 2006, or the date that such facility is placed in service, and > > > ##### “(B) > > ending on the date which is 4 years after the date such period began. > > > #### “(2) Special rules > > In determining the amount of credit allowable under this section solely by reason of this subsection— > > > ##### “(A) Daily limit > > The amount of qualified fuels sold during any taxable year which may be taken into account by reason of this subsection with respect to any facility shall not exceed an average barrel-of-oil equivalent of 4,000 barrels per day. Days before the date the facility is placed in service shall not be taken into account in determining such average. > > > ##### “(B) Extension period to commence with unadjusted credit amount > > For purposes of applying subsection (b)(2) to the $3 amount in subsection (a), in the case of fuels sold after 2005, subsection (d)(2)(B) shall be applied by substituting ‘2004’ for ‘1979’. > > > ##### “(C) Denial of double benefit > > This subsection shall not apply to any facility producing qualified fuels for which a credit was allowed under this section for the taxable year or any preceding taxable year by reason of subsection (g).” > . ###

(b)Effective Date The amendment made by this section shall apply to fuel produced and sold after December 31, 2005, in taxable years ending after such date.