H.R.4932: Manufacturing America’s Mineral Security Act

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Bill Summary

Manufacturing America's Mineral Security Act This bill allows an additional 10% tax deduction for the cost of specified domestically produced materials if such materials are acquired by the taxpayer directly from the domestic smelter or processor of such material. The bill defines specified domestically produced materials to include mine products, metal or metal compound production, and alloy and magnet production. Specified material are...

(Source: Library of Congress)

Bill Actions

Date Description
Aug. 3, 2021
Referred to the House Committee on Ways and Means.
Aug. 3, 2021

Introduced in the House by Pete Stauber (R-Minn.)

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