Montana Senators Introduce Bill to Make Indian Coal Production Tax Credit Permanent
WASHINGTON, D.C. – Montana Senators Steve Daines and Jon Tester today introduced legislation to permanently extend the Indian Coal Production Tax Credit (ICPTC). The ICPTC provides a crucial tax incentive to level the playing field for future development of the tribal coal resources that are currently subject to more regulatory requirements than comparable development on private, state or federal lands. The credit protects the economic viability of existing tribal coal mining projects, which support much-needed tribal jobs and provide a major source of non-Federal revenue for coal-producing tribes. “The Indian Coal Production Tax Credit is an essential tool in Montana