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S. 714

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

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.

Read twice and referred to the Committee on Finance.

Sen. Shaheen, Jeanne [D-NH](D-NH)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

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