,,ii  #aaith ,,congress  #b;d ,session  
,s4 #djcc  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #aj1    
#bjbf,mr4 ,husted introduced the        
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to adjust the   
percentage depletion rate for certain   
rare earths1 and for other purposes4    
#a4 ,short title ,this ,act may be cited
 as the ,critical ,minerals ,investment 
,tax ,modernization ,act of #bjbf4  #b4 
,adjustment of percentage depletion rate
 for certain rare earths  7a7 #bb       
percent depletion rate ,section         
#fac7;b77#a77;,b7 of the ,internal      
,revenue ,code of #aihf is amended by   
inserting rare earths 7in this          
subparagraph defined as the #ae         
lanthanide elements71 scandium1 before  
tantalum4  7b7 ,effective date ,the     
amendment made by this section shall    
apply to taxable years beginning after  
the date of the enactment of this ,act4