An original bill to exclude from gross income certain clean coal power grants to non-corporate taxpayers.

Bill 114 s 919, also known as the Clean Coal Power Grants Exclusion Act, is a proposed piece of legislation in the US Congress. The bill aims to exclude certain clean coal power grants from being included in the gross income of non-corporate taxpayers.

The grants in question are specifically designated for clean coal power projects, which are aimed at reducing the environmental impact of coal-fired power plants. By excluding these grants from gross income, non-corporate taxpayers who receive them would not have to pay taxes on the funds.

The purpose of this bill is to incentivize the development and implementation of clean coal power projects by providing tax relief to those who receive grants for such projects. This could potentially lead to an increase in the adoption of clean coal technology, which in turn could help reduce carbon emissions and improve air quality. Overall, the Clean Coal Power Grants Exclusion Act is a targeted piece of legislation that seeks to support the growth of clean coal power projects by providing tax benefits to non-corporate taxpayers who receive grants for these projects.