Sec. 186. EXTENSION AND MODIFICATION OF PRODUCTION CREDIT FOR INDIAN COAL FACILITIES
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## SEC. 186 EXTENSION AND MODIFICATION OF PRODUCTION CREDIT FOR INDIAN COAL FACILITIES ###
(a)In general **[**[26 U.S.C. 45](/us/usc/t26/s45)**]** Section 45(e)(10)(A) is amended by striking “9-year period” each place it appears and inserting “11-year period”. ###
(b)Repeal of Limitation Based on Date Facility Is Placed in Service **[**[26 U.S.C. 45](/us/usc/t26/s45)**]** Section 45(d)(10) is amended to read as follows: > > #### “(10) Indian coal production facility > > The term ‘Indian coal production facility’ means a facility that produces Indian coal.” > . ###
(c)Treatment of Sales to Related Parties Section 45(e)(10)(A)(ii)(I) is amended by inserting “(either directly by the taxpayer or after sale or transfer to one or more related persons)” after “unrelated person”. ###
(d)Credit allowed against alternative minimum tax ####
(1)In general **[**[26 U.S.C. 38](/us/usc/t26/s38)**]** Section 38(c)(4)(B), as amended by the preceding provisions of this Act, is amended by redesignating clauses
(v)through
(x)as clauses
(vi)through (xi), respectively, and by inserting after clause
(iv)the following new clause: > > ###### “(v) > > the credit determined under section 45 to the extent that such credit is attributable to section 45(e)(10) (relating to Indian coal production facilities),” > . ####
(2)Conforming Amendment Section 45(e)(10) is amended by striking subparagraph (D). ###
(e)Effective Dates ####
(1)Extension **[**[26 U.S.C. 45 note](/us/usc/t26/s45)**]** The amendments made by subsection
(a)shall apply to coal produced after December 31, 2014. ####
(2)Modifications **[**[26 U.S.C. 45 note](/us/usc/t26/s45)**]** The amendments made by subsections
(b)and
(c)shall apply to coal produced and sold after December 31, 2015, in taxable years ending after such date. ####
(3)Credit Allowed Against Alternative Minimum Tax **[**[26 U.S.C. 38 note](/us/usc/t26/s38)**]** The amendments made by subsection
(d)shall apply to credits determined for taxable years beginning after December 31, 2015.
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Sec. 186
EXTENSION AND MODIFICATION OF PRODUCTION CREDIT FOR INDIAN COAL FACILITIES
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