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S 26 112th Congress Senate Taxation Budget deficits and national debt Income tax deductions Mining

Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2011

Introduced: January 25, 2011 Introduced by: Shaheen, Jeanne Democratic · New Hampshire See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 25, 2011
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S143)
Jan 25, 2011
Introduced in Senate
 Plain-English summary Congressional Research Service

Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2011 - 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. Dedicates revenues resulting from this Act to deficit reduction.

What's happening now January 25, 2011

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S143)

 Committees of jurisdiction 1