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S. 714: Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2019

We don’t have a summary available yet.

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Mar 7, 2019.


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.