S. 1570: Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2009
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S. 1570: Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2009
111th Congress · introduced 2009-08-04 · Taxation · Latest: Read twice and referred to the Committee on Finance.
federal
Follow this bill, step by step
- Where it came from: introduced 2009-08-04 · official record
- Who proposed it: Sen. Feingold, Russell D. [D-WI] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Read twice and referred to the Committee on Finance. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2009
Plain summary
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2009 - 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 50% of the additional revenues received due to the disallowance of the depletion allowance for hardrock mines 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).
Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
Elimination of Double Subsidies for the Hardrock Mining Industry Act of 2009
Source: Congressional Research Service summary (Introduced in Senate)
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The strongest published arguments
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Feingold, Russell D. [D-WI] · 3 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Maria Cantwell (D-WA), Bernard Sanders (I-VT)
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Sources
- Congressional Research Service summary (Introduced in Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-111s1570.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/111/s>
Record fed-us-cong111-s1570 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111