Title: Clean Coal Jobs Act of 2018
Policy area: Taxation

Summary:
Clean Coal Jobs Act of 2018
This bill amends the Internal Revenue Code to extend the refined coal production tax credit and modify the tax credit for advanced coal projects.
The bill extends the refined coal production tax credit for certain refined coal production facilities that do not produce steel industry fuel. With respect to these facilities, the bill extends the placed-in-service date to allow facilities placed in service in 2018, 2019, and 2020 to claim the credit. It also allows facilities that were placed in service after the enactment of the American Jobs Creation Act of 2004 (i.e., October 22, 2004), and before January 1, 2012, to claim the credit for an additional 10 years.
The bill modifies the tax credit for advanced coal projects to: (1) lower the carbon dioxide sequestration requirement to 60% for electrical generating units in existence on October 3, 2008, and (2) revise certain technology and environmental performance requirements.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5159 Introduced in House (IH)]

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115th CONGRESS
  2d Session
                                H. R. 5159

 To amend the Internal Revenue Code of 1986 to extend the refined coal 
 production tax credit and modify the qualifying advanced coal project 
                                credit.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 5, 2018

  Mr. Cramer (for himself and Mr. McKinley) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to extend the refined coal 
 production tax credit and modify the qualifying advanced coal project 
                                credit.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Clean Coal Jobs Act of 2018''.

SEC. 2. EXTENSION OF REFINED COAL PRODUCTION TAX CREDIT.

    (a) Extension of Period for Placing in Service Refined Coal 
Production Facility.--Section 45(d)(8)(B) of the Internal Revenue Code 
of 1986 is amended by inserting before the period at the end the 
following: ``, or after December 31, 2017, and before January 1, 
2021''.
    (b) Extension of Credit Period for Certain Property Placed in 
Service Before January 1, 2012.--Section 45(e)(8) of such Code is 
amended by adding at the end the following new subparagraph:
                    ``(E) Extension of period for certain property 
                placed in service before january 1, 2012.--In the case 
                of a refined coal production facility which does not 
                produce steel industry fuel and which is placed in 
                service after the date of the enactment of the American 
                Jobs Creation Act of 2004 and before January 1, 2012, 
                subparagraph (A) shall be applied by substituting `20-
                year period' for `10-year period' each place it 
                appears.''.
    (c) Effective Date.--
            (1) Subsection (a).--The amendment made by subsection (a) 
        shall apply to property placed in service after December 31, 
        2017.
            (2) Subsection (b).--The amendment made by subsection (b) 
        shall apply to fuel produced and sold after the date of the 
        enactment of this Act.

SEC. 3. MODIFICATIONS OF QUALIFYING ADVANCED COAL PROJECT CREDIT.

    (a) Sequestration Requirement for Certain Equipment.--Section 
48A(e)(1)(G) of the Internal Revenue Code of 1986 is amended by 
inserting after ``and 60 percent in the case of an application with 
respect to an electrical generating unit in existence on October 3, 
2008'' after ``under subsection (d)(4)''.
    (b) Advanced Coal-Based Generation Technology Requirements.--
            (1) In general.--Section 48A(f)(1) of such Code is 
        amended--
                    (A) by striking ``Generation Technology.--'' and 
                all that follows through ``For the purpose of this 
                section'' and inserting the following ``Generation 
                Technology.--For the purpose of this section''; and
                    (B) by striking ``generation technology if--'' and 
                all that follows through ``the unit is designed'' and 
                inserting the following: ``generation technology if the 
                unit is designed''.
            (2) Conforming amendments.--Section 48A(f) is amended--
                    (A) by striking paragraphs (2) and (3); and
                    (B) by striking ``in subparagraph (B)'' in the 
                second sentence and inserting ``in this subsection''.
    (c) Performance Requirements in Case of Best Available Control 
Technology.--Section 48A(f) of such Code, as amended by this Act, is 
amended by adding at the end the following: ``In the case of a unit 
which has undergone a best available control technology analysis after 
August 8, 2005, with respect to the removal or emissions of any 
pollutant specified in the table contained in this subsection, the 
removal or emissions design level with respect to such pollutant shall 
be the level determined in such analysis.''.
    (d) Effective Date.--The amendments made by this section shall 
apply to allocations and reallocations after the date of the enactment 
of this Act.
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