Bill · H.R. 8277· House(119-HR-8277)
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.
- Introduced
- 4/14/2026
- Last activity
- 4/14/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- David Schweikert
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill seeks to amend the Internal Revenue Code of 1986 regarding the advanced manufacturing production credit. It proposes to designate copper as an applicable critical mineral. Additionally, the bill aims to include ore extraction costs within the scope of the production credit. These changes would apply to minerals produced and sold, as well as costs incurred, after December 31, 2025.
Yes· 3 of 15
Would business owners be better off under this?+6
Directly benefits owners of mining and refining businesses through tax credits.
Would people in rural areas be better off under this?+6
Directly impacts rural areas where ore extraction occurs through economic growth.
Does this invest in rural communities?+4
Mining operations are typically located in rural areas, potentially bringing investment and jobs to those regions.
The opposite· 3 of 4
Does this raise the taxes companies pay?-3
The bill provides tax credits, effectively reducing corporate tax burdens for specific industries.
Does this better protect air, water and wildlife?-2
Increased incentives for ore extraction may lead to expanded mining activities with associated environmental impacts.
Does this reduce what the federal government owes?-2
Increased tax credits reduce federal revenue, which could marginally increase the national debt.
Who it would affect, and how
Potential Positive Impacts for People
-
Copper Designation: The bill designates copper as an applicable critical mineral under Section 45X(c)(6)(AA), which would include it in the advanced manufacturing production credit.
-
Extraction Cost Inclusion: Under Section 2(a), taxpayers who extract ore that is later refined into a critical mineral can have those extraction costs treated as production costs, provided they meet specific certification and sale requirements.
-
Support for Domestic Extraction: Section 2(a)(B)(i) allows the cost of extracting ore to be taken into account if the ore was extracted within the United States.
-
Support for Specific Foreign Ore: Section 2(a)(B)(ii) allows for the inclusion of costs for certain ore extracted outside the United States if it is a type not extracted in the United States in commercial quantities and was not extracted in a foreign country of concern.
Potential Negative Impacts for People
-
Restrictions on Foreign Ore: Under Section 2(a)(B)(ii), ore extracted in a foreign country of concern, as defined in section 10612(a)(1) of the Research and Development, Competition, and Innovation Act, is not eligible for these extraction cost considerations.
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Prevention of Double Benefits: Section 2(a)(B)(C) requires the Secretary to issue regulations to ensure that no costs treated as extraction costs are also included in the production costs of any applicable critical mineral by any taxpayer.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+6Good For Rural Residents+6Good For Union Workers+3Good For Billionaires+2Good For High Net Worth Individuals+2Good For Ultra High Net Worth Individuals+2
- Environment Energy And Infrastructure
- Improves Rural Development+4Increases Renewable Energy Investment+3Reduces Carbon Emissions+2Improves Environmental Protections-2
- Economy And Finance
- Increases Job Creation+4Improves Economic Growth+3Improves Small Business Support+2Reduces Small Business Taxes+2Increases Corporate Taxes-3Reduces National Debt-2Improves Fiscal Responsibility-1
- Governance And Ideology
- Improves Interstate Commerce+1
- National Security And Foreign Policy
- Improves International Trade+1
- 4/14/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Mike CareyRepublican · Ohio