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Critical Minerals Investment Tax Modernization Act of 2025
8/6/2025, 6:49 PM
Summary of Bill HR 4772
H.R. 4772, introduced in the 119th Congress on July 25, 2025, seeks to amend the Internal Revenue Code of 1986 specifically to modify the percentage depletion rate applicable to certain rare earth elements.
Read the Full Bill
Current Status of Bill HR 4772
Bill HR 4772 is currently in the status of Bill Introduced since July 25, 2025. Bill HR 4772 was introduced during Congress 119 and was introduced to the House on July 25, 2025. Bill HR 4772's most recent activity was Referred to the House Committee on Ways and Means. as of July 25, 2025
Bipartisan Support of Bill HR 4772
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
3Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
1Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4772
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 4772
To amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths, and for other purposes.
To amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths, and for other purposes.
Comments
Ronan Sharma
821
10 months ago
Looks like this could be interesting. Let's see how it plays out.
Sponsors and Cosponsors of HR 4772
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