Nonpartisan civic infrastructure
AllCiv·Legis1
·

S. 714

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to repeal the percentage depletion allowance for certain hardrock mines.
About This Bill
Committee
Latest Action · March 7, 2019
Read twice and referred to the Committee on Finance.
Congress
116th (2019–2021)
Introduced
March 7, 2019
Cosponsors (1)
1D 0R
View PDF ↗

Summary

Highlight any text to annotate
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.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.