,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #ffcj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #bh1 #bjbj,mr4 
,/aub] 7= himself1 ,mr4 ,gos>1 & ,mr4   
,"y7 introduc$ ! foll[+ bill2 :i* 0     
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to provide an additional 
d$uction = ! co/ ( c]ta9 mat]ials       
pur*as$ directly f a dome/ic smelt] or  
processor4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,secur+ ,am]ica's       
,critical ,m9]als ,supply ,*a9 ,act4    
#b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7
 ,x is 9 ,am]ica's be/ int]e/ to ensure 
a robu/ & secure dome/ic supply *a9 =   
,u4,s4 manufactur]s4  7#b7 ,! ,unit$    
,/ates increas+ reliance on =eign s\rces
 ( metals & m9]als ?reat5s our economic 
& national security :ile provid+ our    
geopolitical rivals1 su* z ,*9a &       
,russia1 lev]age ov] our economy4  7#c7 
,inc5tiviz+ dome/ic m9]al & metal       
production & ! pur*ase ( ^! mat]ials w  
make our nation's supply *a9s m secure &

 resili5t4  #c4 ,additional d$uction =  
co/ ( c]ta9 mat]ials pur*as$ directly f 
a dome/ic smelt] or processor  7a7 ,9   
g5]al ,"p ,,vi ( sub*apt] ,b ( *apt] #a 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$ by ins]t+ aft] section #aha !     
foll[+ new section3  #ahb4 ,additional  
d$uction = co/ ( c]ta9 mat]ials pur*as$ 
directly f a dome/ic smelt] or processor
  7a7 ,9 g5]al ,!re %all be all[$ z a   
d$uction 79 addition to any o!r d$uction
 all[$ "u ?is *apt] = ! co/ ( specifi$  
dome/ically-produc$ mat]ials7 an am\nt  
equal to #aj p]c5t ( ! co/ ( specifi$   
dome/ically-produc$ mat]ials if su*     
mat]ials are acquir$ by ! taxpay]       
directly f ! dome/ic smelt] or processor
 ( su* mat]ial4  7b7 ,specifi$          
dome/ically-produc$ mat]ials ,= purposes
 ( ?is section-- 7#a7 ,9 g5]al ,! t]m   
specifi$ dome/ically-produc$ mat]ials   
means any specifi$ mat]ial if su*       
mat]ial is smelt$ or process$ 9 ! ,unit$
 ,/ates by direct smelt+ ( ore1 f a m9e 
product1 su* z t extract$ f m9$ ore2 f  

b5eficiation2 f reprocess+ m9e tail+s2  
or f reprocess+ smelt] or ref9]y slags  
or residues1 by a taxpay] 9 ! trade or  
bus9ess ( smelt+ or process+ su*        
mat]ial4  7#b7 ,specifi$ mat]ial  7,a7  
,9 g5]al ,! t]m specifi$ mat]ial means  
m9]als t are necess>y-- 7i7 = ! national
 def5se & national security requirem5ts2
  7ii7 = ! en]gy infra/ructure ( !      
,unit$ ,/ates1 includ+-- 7,i7 pipel9es2 
7,,ii7 ref9+ capacity2  7,,iii7         
electrical p[] g5]ation & transmission2 
&  7,,iv7 r5ewable en]gy production2    
7iii7 = community resili5cy1 coa/al     
re/oration1 & ecological su/a9ability = 
! coa/al ,unit$ ,/ates2  7iv7 to support
 dome/ic manufactur+1 agriculture1 h\s+1
 telecommunications1 heal?c>e1 &        
transportation infra/ructure2 or  7v7 = 
! economic security (1 & balance ( trade
 91 ! ,unit$ ,/ates4  7,b7 ,exceptions  
,su* t]m %all n include-- 7i7 fuel      
m9]als1 includ+ oil1 natural gas1 or any
 o!r fossil fuels2  7ii7 wat]1 ice1 or  
sn[2 or  7iii7 s&1 /one1 gravel1 pumice1

 pumicite1 c9d]s1 or clay4  7c7 ,dome/ic
 smelt] or processor ,= purposes ( ?is  
section1 ! t]m dome/ic smelt] or        
processor means1 ) respect to any       
specifi$ mat]ial1 ! taxpay] describ$ 9  
subsection 7b77#a7 ) respect to su*     
mat]ial4  4  7b7 ,cl]ical am5dm5t ,!    
table ( sections = "p ,,vi ( sub*apt] ,b
 ( *apt] #a ( su* ,code is am5d$ by     
ins]t+ aft] ! item relat+ to section    
#aha ! foll[+ new item3  ,sec4 #ahb4    
,additional d$uction = co/ ( c]ta9      
mat]ials pur*as$ directly f a dome/ic   
smelt] or processor4  4  7c7 ,effective 
date ,! am5dm5ts made by ?is section    
%all apply to taxable ye>s beg9n+ aft] !
 date ( ! enactm5t ( ?is ,act4