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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Title(s) as Introduced

Securing America’s Critical Minerals Supply Chain Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to provide an additional deduction for the cost of certain materials purchased directly from a domestic smelter or processor.

Actions Overview (1)

Date Actions Overview
04/28/2020Introduced in House

All Actions (2)

Date All Actions
04/28/2020Referred to the House Committee on Ways and Means.
Action By: House of Representatives
04/28/2020Introduced in House
Action By: House of Representatives

Cosponsors (7)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Gosar, Paul A. [R-AZ-4]* 04/28/2020
Rep. Young, Don [R-AK-At Large]* 04/28/2020
Rep. Shimkus, John [R-IL-15] 05/01/2020
Rep. LaMalfa, Doug [R-CA-1] 05/01/2020
Rep. Newhouse, Dan [R-WA-4] 05/01/2020
Rep. Westerman, Bruce [R-AR-4] 05/01/2020
Rep. Biggs, Andy [R-AZ-5] 05/12/2020

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
House Ways and Means04/28/2020 Referred to

No related bill information was received for H.R.6630.

Subjects (7)

Latest Summary (1)

There is one summary for H.R.6630. View summaries

Shown Here:
Introduced in House (04/28/2020)

Securing America's Critical Minerals Supply Chain Act

This bill allows a new tax deduction for 10% of the cost of specified domestically-produced materials if such materials are acquired directly from the domestic smelter or processor of the materials. The bill defines specified domestically-produced materials as materials that are smelted or processed in the United States by direct smelting of ore, from a mine product, by a taxpayer in the trade or business of smelting or processing such materials.

The term specified material includes minerals necessary for national defense and security, for U.S. energy infrastructure, for community resiliency, to support domestic manufacturing, agriculture, housing, telecommunications, healthcare, and transportation infrastructure, or for U.S. economic security and balance of trade. The term does not include fuel minerals, water, ice, or snow, or sand, stone, gravel, pumice, pumicite, cinders, or clay.