To amend the Internal Revenue Code of 1986 to permanently extend and modify the section 45 credit for refined coal from steel industry fuel, and for other purposes.

Amends Internal Revenue Code provisions relating to the tax credit for the production of electricity from renewable resources to: (1) extend permanently the credit period for the production of steel industry fuel; (2) extend through 2011 the placed-in-service date requirement for refined coal production facilities; (3) revise the definition of "steel industry fuel" to allow mixtures of petroleum coke or other coke feedstock in such fuel; and (4) set forth ownership requirements for coal production facilities for purposes of such tax credit.