S 115
107th Congress
Senate
Taxation
Agriculture and Food
Business income tax
Commerce
Depletion allowances
Economics and Public Finance
Energy
Environmental Protection
Government trust funds
Income tax
Land subsidence
Mine wastes
Mineral industries
Mines and mineral resources
Mining claims
Public Lands and Natural Resources
Reclamation of land
Revegetation
Sedimentation
Soil erosion
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2001
Introduced: January 22, 2001
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 22, 2001
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S387)
Jan 22, 2001
Sponsor introductory remarks on measure. (CR S386-387)
Jan 22, 2001
Introduced in Senate
Plain-English summary
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2001 - Amends the Internal Revenue Code to disallow the percentage depletion allowance for hardrock mines located on land currently subject to the general mining laws, or on land patented under such laws. Establishes the Abandoned Mine Reclamation Trust fund in the Treasury. Appropriates to such Fund amounts equal to 25 percent of the additional revenues received by reason of the above change in the percentage depletion allowance. Prescribes guidelines under which such fund shall be available to the Secretary of the Interior for reclamation and restoration of lands and water resources adversely affected by mineral and mineral material mining (excluding coal and fluid materials).
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S387)
Committees of jurisdiction
1
Cosponsors
1