To amend the Internal Revenue Code of 1986 to designate copper as an applicable critical mineral and to include ore extraction costs for purposes of the advanced manufacturing production credit.
Bill Summary
Adds copper to the list of critical minerals and allows companies to claim a tax credit for the costs of extracting copper ore as part of a manufacturing production credit. Requires the Internal Revenue Code to include these extraction costs for tax credit purposes.
Sponsored By
Bill Journey
- Apr 14, 2026
- Apr 14, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects copper mining and manufacturing companies, potentially reducing their tax liability by allowing them to claim a credit for ore extraction costs. It may also impact the copper industry's overall production costs and investment decisions.
Impact Areas
Support & Opposition
- Republican2
Documents
1
Full text opens on congress.gov, the official source.
Cosponsors (1)
Bill Details
- Economy
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.