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Critical Minerals Investment Tax Modernization Act of 2026
3/24/2026, 1:07 AM
Summary of Bill S 4033
The bill introduced in the 119th Congress and numbered S. 4033 aims to amend the Internal Revenue Code of 1986 to modify the percentage depletion rate specifically for certain rare earths.
Read the Full Bill
Current Status of Bill S 4033
Bill S 4033 is currently in the status of Bill Introduced since March 10, 2026. Bill S 4033 was introduced during Congress 119 and was introduced to the Senate on March 10, 2026. Bill S 4033's most recent activity was Read twice and referred to the Committee on Finance. as of March 10, 2026
Bipartisan Support of Bill S 4033
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4033
Primary Policy Focus
TaxationAlternate Title(s) of Bill S 4033
A bill to amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths, and for other purposes.
A bill to amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths, and for other purposes.
Comments
Sariyah Fitzgerald
841
2 months ago
Sounds good, looking forward to seeing how it plays out!
Sponsors and Cosponsors of S 4033
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