H.R. 8780: Critical Mineral and Extraction Tax Parity Act

H.R. 8780 is a federal bill in the 119th Congress. Currently, certain manufacturers receive a tax credit for producing specific critical minerals, but the rules exclude the initial costs of mining the ore and omit several important materials. This bill expands the advanced manufacturing production tax… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.