Summary: S.714 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.714. Bill summaries are authored by CRS.

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Introduced in Senate (03/07/2019)

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.