S.26 - Elimination of Double Subsidies for the Hardrock MiningIndustry Act of 2011

A bill to amend the Internal Revenue Code of 1986 to repeal the percentage depletion allowance for certain hardrock mines, and to use the resulting revenues from such repeal for deficit reduction. view all titles (2)

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  • Short: Elimination of Double Subsidies for the Hardrock MiningIndustry Act of 2011 as introduced.
  • Official: A bill to amend the Internal Revenue Code of 1986 to repeal the percentage depletion allowance for certain hardrock mines, and to use the resulting revenues from such repeal for deficit reduction. as introduced.

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01/24/11
 
 
 
 
 
 
 

Official Bill Text Comment on about 2 Pages

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Senator

Jeanne Shaheen

D-NH

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Official Summary

1/25/2011--Introduced.Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2011 - Amends the Internal Revenue Code to disallow the percentage depletion allowance for hardrock mines located on land currently subject to the general mining laws, or on land patented under su
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Official Summary

1/25/2011--Introduced.Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2011 - Amends the Internal Revenue Code to disallow the percentage depletion allowance for hardrock mines located on land currently subject to the general mining laws, or on land patented under such laws. Dedicates revenues resulting from this Act to deficit reduction.

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01/24/11
S. 26: Elimination of Double Subsidies for the Hardrock ...

S. 26: Elimination of Double Subsidies for the Hardrock MiningIndustry Act of 2011. 112th Congress, 2011–2012. A bill to amend the Internal Revenue Code of 1986 to repeal the percentage depletion allowance for certain ...

Source: http://www.govtrack.us/users/events.xpd?monitors=misc:activebills
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01/24/11
S. 26: Elimination of Double Subsidies for the Hardrock ...

S. 26: Elimination of Double Subsidies for the Hardrock MiningIndustry Act of 2011. 112th Congress, 2011–2012. A bill to amend the Internal Revenue Code of 1986 to repeal the percentage depletion allowance for certain ...

Source: http://www.govtrack.us/users/events.xpd?monitors=misc:activebills
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