§45N Mine Rescue Team Training Credit

Summary

Gives a tax credit to employers who pay for mine rescue team training. For each qualified mine rescue team employee in a tax year, the credit is the smaller of 20 percent of the training costs paid that year (including the worker’s wages while training) or $10,000. A qualified employee is a full-time miner who can serve on a rescue team for more than 6 months in the tax year because they completed at least a 20-hour initial course or received at least 40 hours of refresher training. The employer must employ miners in U.S. underground mines. "Wages" means the same as in section 3306(b) with no dollar limit. The credit does not apply to tax years starting after December 31, 2021.