To amend the Internal Revenue Code of 1986 to eliminate the inflation adjustment of the phaseout of the credit for producing fuel from a nonconventional source and to repeal the extension of the credit for facilities producing synthetic fuels from coal.
Taxpayer Protection Against Wasteful Energy Credits Act - Amends the Internal Revenue Code to repeal: (1) the inflation adjustment to the phaseout amount for the tax credit for producing fuel from a nonconventional source; and (2) the extension of the tax credit for facilities producing synthetic fuels from coal.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Message on Senate action sent to the House.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line