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Steel Industry Preservation Act
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
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vs 5,086 other S bills in the 116th — cohort avg 30d
Steel Industry Preservation Act This bill extends and modifies the production tax credit for steel industry fuel. (Under current law, steel industry fuel is a fuel which is: (1) produced through a process of liquefying coal waste sludge and distributing it on coal, and (2) used as a feedstock for the manufacture of coke.) The bill modifies the tax credit for steel industry fuel to extend the credit period and the placed-in-service date, revise the definition of "steel industry fuel" to allow blends of coal and petroleum coke or other coke feedstock in the fuel, set forth ownership requirements, and specify requirements for treating an owner as producing and selling steel industry fuel. A taxpayer that produces steel industry fuel may elect to accept an increased tax credit in lieu of certain deductions for expenses in connection with the production of steel industry fuel. The bill specifies the treatment of the credit for the purpose of the alternative minimum tax. It also exempts transactions related to steel industry fuel from rules that restrict deductions and other tax benefits for activities that are not engaged in for profit or that do not have economic substance.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (3)
2020 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 2993- Steel Industry Preservation Act, S. 1627-Steel Industry Preservation Act
Client expense: Not reported · Firm income: Not reported
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · fourth_quarter · Taxation/Internal Revenue Code
Extension of the steel industry fuel tax credit; H.R. 2923, S. 1627, the Steel Industry Preservation Act.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Taxation/Internal Revenue Code
H.R. 2993- Steel Industry Preservation Act, S. 1627-Steel Industry Preservation Act
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · third_quarter · Taxation/Internal Revenue Code
Extension of the steel industry fuel tax credit; H.R. 2923, S. 1627, the Steel Industry Preservation Act.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · second_quarter · Taxation/Internal Revenue Code
H.R. 2993- Steel Industry Preservation Act, S. 1627-Steel Industry Preservation Act
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · second_quarter · Taxation/Internal Revenue Code
Extension of the steel industry fuel tax credit; H.R. 2923, S. 1627, the Steel Industry Preservation Act.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · first_quarter · Taxation/Internal Revenue Code
H.R. 2993- Steel Industry Preservation Act, S. 1627-Steel Industry Preservation Act
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2020 · first_quarter · Taxation/Internal Revenue Code
Extension of the steel industry fuel tax credit; H.R. 2923, S. 1627, the Steel Industry Preservation Act.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2019 · fourth_quarter · Taxation/Internal Revenue Code
Issues related to corporate tax policy Issues related to implementation of Section 45Q tax credits Issues related to implementation of PL 115-131, the Tax Cuts and Jobs Act of 2017 S.2283, the "Waste Heat to Power Investment Tax Credit Act" S.1627/H.R.2993, the "Steel Industry Preservation Act"
Client expense: $360,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE, Surface Transportation Board (STB), U.S. Customs & Border Protection, U.S. Trade Representative (USTR)
2019 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 2993- Steel Industry Preservation Act, S. 1627-Steel Industry Preservation Act
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2019 · fourth_quarter · Taxation/Internal Revenue Code
Extension of the steel industry fuel tax credit; H.R. 2923, S. 1627, the Steel Industry Preservation Act.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2019 · third_quarter · Taxation/Internal Revenue Code
Issues related to corporate tax policy Issues related to implementation of Section 45Q tax credits Issues related to implementation of PL 115-131, the Tax Cuts and Jobs Act of 2017 S.2283, the "Waste Heat to Power Investment Tax Credit Act" S.1627/H.R.2993, the "Steel Industry Preservation Act"
Client expense: $340,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE, Surface Transportation Board (STB), U.S. Customs & Border Protection, U.S. Trade Representative (USTR)
2019 · third_quarter · Taxation/Internal Revenue Code
H.R. 2993- Steel Industry Preservation Act, S. 1627-Steel Industry Preservation Act
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2019 · third_quarter · Taxation/Internal Revenue Code
Extension of the steel industry fuel tax credit; H.R. 2923, S. 1627, the Steel Industry Preservation Act.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2019 · second_quarter · Taxation/Internal Revenue Code
Steel Industry Fuel Credit, H.R. 2993- Steel Industry Preservation Act, S. 1627-Steel Industry Preservation Act
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2019 · second_quarter · Taxation/Internal Revenue Code
Extension of the steel industry fuel tax credit; H.R. 2923, S. 1627, the Steel Industry Preservation Act.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
| Democratic |
| PA |
| Sherrod Brown | Democratic | OH |
| Todd Young | Republican | IN |