H.R. 8143 · 116th Congress

To amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment is made in property used for the mining, reclaiming, or recycling of critical minerals and metals from the United States, and for other purposes.

Stage
In committee
Sponsor
Lance Gooden
Introduced
2020-09-01
Latest action
2020-09-10 · Referred to the Subcommittee on Energy and Mineral Resources.

Subjects

Income tax deductions
Public contracts and procurement
Taxation
Department of the Interior
Mining
Business investment and capital
Buy American requirements
Metals
Strategic materials and reserves
Materials
Business expenses