IRA Section 13901 – Permanent Extension of Tax Rate to fund Black Lung Disability Trust Fund

Section 13901 of the IRA makes permanent a tax on coal extracted from U.S. mines. The tax previously expired on December 31, 2021. The tax, which is charged at a rage of $1.10 per ton of coal extracted from underground mines in the U.S. and $0.55 per ton of coal extracted from surface mines in the U.S., is used to fund the Black Lung Disability Trust Fund, 26 U.S.C. § 9501.