S4033
Referred to committee
Critical Minerals Investment Tax Modernization Act of 2026
- Federal
- Senate
- Introduced Mar 10, 2026
- Session 119
Bill Text
Version ISThis Act may be cited as the Critical Minerals Investment Tax Modernization Act of 2026.
Section 613(b)(1)(B) of the Internal Revenue Code of 1986 is amended by inserting rare earths (in this subparagraph defined as the 15 lanthanide elements), scandium, before tantalum.
The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.
Section 613(b)(1)(B) of the Internal Revenue Code of 1986 is amended by inserting rare earths (in this subparagraph defined as the 15 lanthanide elements), scandium, before tantalum.
The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.
Legislative Timeline
2 actions-
Introduced in Senate
-
Read twice and referred to the Committee on Finance.