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S. 3694: A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment is made in property used to extract critical minerals and metals from the United States, to modify the prohibition on the acquisition of certain sensitive materials from non-allied foreign nations, and for other purposes.

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Sponsor and status

Introduced
May 12, 2020
116th Congress (2019–2021)
Status

Introduced on May 12, 2020

This bill is in the first stage of the legislative process. It was introduced into Congress on May 12, 2020. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.

Sponsor

Ted Cruz

Junior Senator for Texas

Republican

Text

Not available yet.

Source

History

May 12, 2020
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

If this bill has further action, the following steps may occur next:
 
Passed Committee

 
Passed Senate

 
Passed House

 
Signed by the President

S. 3694 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 3694. This is the one from the 116th Congress.

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“S. 3694 — 116th Congress: A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax ...” www.GovTrack.us. 2020. May 31, 2020 <https://www.govtrack.us/congress/bills/116/s3694>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.