Copper: New Tax Credits for Mining and Production
This bill is currently in the early stages of the legislative process and is being reviewed by the House Committee on Ways and Means. No further actions are scheduled at this time. It is considered active but has not yet moved beyond the committee level.
While there is strong interest in securing mineral supplies, most individual tax bills struggle to pass unless they are part of a much larger package.
Govbase has not yet run an impact analysis on this legislation.
Referred to the House Committee on Ways and Means.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
No votes have been recorded for this legislation yet.
No related news coverage found for this legislation yet.
Document Type
Congressional Bill
Official Title
To amend the Internal Revenue Code of 1986 to designate copper as an applicable critical mineral and to include ore extraction costs for purposes of the advanced manufacturing production credit.
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