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- S.44
S.44: Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2003
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced Jan. 7, 2003
- Latest Major Action Jan. 7, 2003
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2003 - 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. Establishes the Abandoned Mine Reclamation Trust fund in the Treasury. Appropriates to such Fund amounts equal to 25 percent of the additional revenues received by reason...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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Jan. 7, 2003 |
Introduced in the Senate by Russ Feingold (D-Wis.) |