S. 26 · 112th Congress
Elimination of Double Subsidies for the Hardrock MiningIndustry Act of 2011
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ShaheenSponsorNo cosponsors.
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2011 - Amends the Internal Revenue Code to disallow the percentage depletion allowance for hardrock mines located on land currently subject to the general mining laws, or on land patented under such laws. Dedicates revenues resulting from this Act to deficit reduction.
What it does: CRS summary · Introduced in Senate · Jan 25, 2011
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2011 - Amends the Internal Revenue Code to disallow the percentage depletion allowance for hardrock mines located on land currently subject to the general mining laws, or on land patented under such laws. Dedicates revenues resulting from this Act to deficit reduction.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Elimination of Double Subsidies for the Hardrock MiningIndustry Act of 2011
Latest action (Jan 25, 2011): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S143)
Policy area: Taxation · Origin: Senate · Introduced: Jan 25, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.