...eligible for the tax credit, the natural gas must (1) be produced from a well drilled or a facility placed in service after December 31, 1979 and before January 1, 1993 and (2) be sold before January 1, 2003. The Budget Act further provides that "the determination of...

...fuels generally must be produced and sold after December 31, 1979, and before January 1, 2001, from (a) facilities placed in service after December 31, 1979, and before January 1, 1990, or (b) wells drilled after December 31, 1979, and before January 1, 1990, on properties which...

...of qualified fuels to unrelated persons. The credit applies to such fuels produced and sold from (1) facilities placed in service after December 31, 1979, and before January 1, 1990, or (2) wells drilled after December 31, 1979, and before January 1, 1990, on properties which...

...promptly to extend the tax credit to facilities placed in service after 1990. Extension of the credit to fuels produced from wells drilled or facilities placed in service after 1990, but before 1993, would eliminate a major impediment to the further development of environmentally...

...(ii) . SUGGESTED HORDING Section 29(f ) (1) (A) (ii) is amended to read: (ii) produced in a facility placed in service after December 31, 1979, and before January 1, 1993, or produced in a facility the construction, reconstruction or erection of which was commenced bv the...

...an income tax credit equal to $3 (generally adjusted for inflation) per barrel or BTU barrel of oil equivalent (sec. 29) (referred to as the "section...fuel from coal if the facility producing the fuel is place in service before January 1, 1997, pursuant to a binding written contract in effect before January...

...by conventional oil production methods, including currently used enhanced oil recovery techniques. In general, the credit is available only with respect...producing gas from biomass and synthetic fuel from coal ("coal gasification") if the facility producing the fuel is placed in service before January 1, 1997,...

...produced from coal (including lignite). Qualified fuels must be produced within the United States. In general, the credit is available only with respect...producing gas from biomass and synthetic fuel from coal. The expiration dates for such facilities were extended in the Small Business Job Protection Act of...

...lignite). Landfill gas qualifies for the section 29 production credit as gas produced from biomass. In general, the credit is available only with respect...facility producing the fuel is placed in service before July 1, 1998, pursuant to a binding contract entered into before January 1, 1997. The credit may be...

...1980, effective for fuels produced and sold after December 31, 1979 and before January 1, 2001, from facilities placed in service after December 31, 1979 and before January 1, 1990. The Technical and Miscellaneous Revenue act of 1988 extended the placed in service date by one...