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S 714 116th Congress Senate Taxation Income tax deductions Mining

Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2019

Introduced: March 7, 2019 Introduced by: Shaheen, Jeanne Democratic · New Hampshire See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 7, 2019
Read twice and referred to the Committee on Finance.
Mar 7, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2019

This bill modifies the tax deductions allowed for hardrock mines to prohibit the percentage depletion allowance for hardrock mines located on land currently subject to the general mining laws, or on land patented under such laws.

What's happening now March 7, 2019

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1