Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2005
Latest action · Mar 7, 2005 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2150)
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 7, 2005
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2005 - 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 in the Treasury the Abandoned Mine Reclamation Trust Fund. Appropriates to such Fund amounts equal to 25 percent of the additional revenues received due to the disallowance of the depletion allowance for hardrock mines proposed by this Act. Prescribes guidelines under which such Fund shall be available to the Secretary of the Interior for reclamation and restoration of lands and water resources adversely affected by mineral and mineral material mining (excluding coal and fluid minerals).
Cosponsors 1
Members who signed on, in the order they did. All signed on Mar 8, 2005.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-WA | Maria Cantwell | Mar 8, 2005 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Mar 7, 2005 |
Actions 3
Everything that happened, newest first.
- Mar 7, 2005Introduced in Senate
- Mar 7, 2005Sponsor introductory remarks on measure. (CR S2149-2150)
- Mar 7, 2005Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2150)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S2149Text printed S2150 | Russell D. Feingold D-WI (text) | Mar 7, 2005 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to repeal the percentage depletion allowance for certain hardrock mines, and for other purposes.
- Short Titles as Introduced
- Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2005
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Agriculture and Food
- Commerce
- Depletion allowances
- Economics and Public Finance
- Energy
- Environmental Protection
- Government trust funds
- Income tax
- Land subsidence
- Mine wastes
- Mines and mineral resources
- Mining claims
- Public Lands and Natural Resources
- Reclamation of land
- Revegetation
- Sedimentation
- Soil erosion
- Strip mining
- Tax deductions
- Taxation
- Water pollution control
Text 1
Each version as it was printed, newest first.
- Mar 7, 2005Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.