Senate Bill 714
116th Congress(2019-2020)
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2019
Introduced
Introduced in Senate on Mar 7, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
714
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
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.
March 7, 2019
03/07/2019
Read twice and referred to the Committee on Finance.
03/07/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 5:17:24 PM