# 114-hr-5002: Steel Industry Preservation Act

114-hr-5002, Steel Industry Preservation Act, is a 114th Congress bill sponsored by Rep. Kelly, Mike [R-PA-16] (R-PA); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5002
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5002
- Congress: 114
- Title: Steel Industry Preservation Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2016-04-20
- Sponsor: Rep. Kelly, Mike [R-PA-16] (R-PA)
- Cosponsors: 4
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Steel Industry Preservation Act This bill amends the Internal Revenue Code to extend and modify 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.

## Cosponsors (4)

- Rep. Doyle, Michael F. [D-PA-18] (D-PA), 2016-04-20T00:00:00.000Z
- Rep. Ryan, Tim [D-OH-13] (D-OH), 2016-09-09T00:00:00.000Z
- Rep. Murphy, Tim [R-PA-18] (R-PA), 2016-09-12T00:00:00.000Z
- Rep. McKinley, David B. [R-WV-1] (R-WV), 2016-09-22T00:00:00.000Z

## Related bills

- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016
- 114-hr-1786: James Zadroga 9/11 Health and Compensation Reauthorization Act
- 114-hr-985: Concrete Masonry Products Research, Education, and Promotion Act of 2015
- 114-hr-893: Boys Town Centennial Commemorative Coin Act
- 114-hr-5210: PADME Act

## Sources
- [114-hr-5002 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5002)

## Related
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-5292)
- [114-hr-1786: James Zadroga 9/11 Health and Compensation Reauthorization Act](https://policyrisk.com/legislation/114-hr-1786)
- [114-hr-985: Concrete Masonry Products Research, Education, and Promotion Act of 2015](https://policyrisk.com/legislation/114-hr-985)
- [114-hr-893: Boys Town Centennial Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-893)
- [114-hr-5210: PADME Act](https://policyrisk.com/legislation/114-hr-5210)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5002 (as of 2025-11-18).