,,ii  #aaith ,,congress  #b;d ,session  
,s4 #eccj  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,august #f1    
#bjbf,mr4 ,curtis 7for himself and ,mr4 
,daines7 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 expand and improve the advanced
 manufacturing production tax credit4   
#a4 ,short title ,this ,act may be cited
 as the ,critical ,mineral and          
,extraction ,tax ,parity ,act4  #b4     
,expansion and improvement of advance   
manufacturing production tax credit  7a7
 ,inclusion of additional critical      
minerals  7#a7 ,in general ,section     
#de,x7c77#f7 of the ,internal ,revenue  
,code of #aihf is amended-- 7,a7 in     
subparagraph 7,,aa71 by inserting after 
clause 7xxv7 the following new clauses3 
7xxvi7 ,boron4  7xxvii7 ,copper4        
7xxviii7 ,lead4  7xxix7 ,potash4  7xxx7 
,rhenium4  7xxxi7 ,silicon4  7xxxii7    
,silver4  7xxxiii7 ,uranium4  1 and     

7,b7 by adding at the end the following 
new subparagraph3  7,,bb7 ,phosphate    
,phosphate which is-- 7i7 converted to--
 7,i7 phosphoric acid1 or  7,,ii7       
phosphorus with a minimum purity of #ii 
percent phosphorus by mass1 or  7ii7    
phosphate rock purified to a minimum    
purity of #bj percent phosphorus        
pentoxide by mass suitable for use in   
the production of phosphoric acid4  4   
7#b7 ,effective date ,the amendments    
made by this subsection shall apply to  
minerals produced and sold after        
,december #ca1 #bjbe4  7b7 ,inclusion of
 ore extraction costs in advanced       
manufacturing production credit  7#a7   
,in general ,section #de,x7d7 of the    
,internal ,revenue ,code of #aihf is    
amended-- 7,a7 by redesignating the     
second paragraph 7#d71 as added by      
section #gjead7;c77#b7 of ,public ,law  
#aai-ba1 as paragraph 7#e71 and  7,b7 by
 adding at the end the following new    
paragraph3  7#f7 ,extraction costs for  
critical minerals  7,a7 ,in general ,in 

the case of a taxpayer that extracts ore
 that is subsequently refined into an   
applicable critical mineral1 costs      
incurred by the taxpayer with respect to
 such extraction shall be treated as    
costs described in subsection           
7b77#a77,m7 for purposes of this section
 if such taxpayer submits to the        
,secretary a certification from the     
refiner of such ore that-- 7i7 such ore 
has been refined into an applicable     
critical mineral1 and  7ii7 such refiner
 sold the applicable critical mineral to
 an unrelated person 7as determined     
pursuant to subsection 7a77#c77 and such
 sale occurred in a trade or business of
 the refiner4  7,b7 ,certain foreign ore
 not eligible ,the cost of extracting   
ore shall be taken into account under   
subparagraph 7,a7 only if-- 7i7 such ore
 was extracted in the ,united ,states1  
or  7ii7 in the case of ore extracted   
outside of the ,united ,states-- 7,i7   
the ore is of a type not extracted in   
the ,united ,states in commercial       

quantities1 and  7,,ii7 the ore was not 
extracted in a foreign country of       
concern 7as defined in section          
#ajfab7;a77#a7 of the ,research and     
,development1 ,competition1 and         
,innovation ,act 7#db ,u4,s4,c4         
#aibba7;a77#a7774  7,c7 ,regulations    
preventing double benefit ,the          
,secretary shall issue such regulations 
or guidance as may be necessary or      
appropriate to ensure that no costs     
which are treated as costs described in 
subsection 7b77#a77,m7 by reason of     
subparagraph 7,a7 are included1 directly
 or indirectly1 in the costs of         
production of any applicable critical   
mineral by any taxpayer except as       
provided by such subparagraph4  4  7#b7 
,effective date ,the amendments made by 
this subsection shall apply to costs    
incurred after ,december #ca1 #bjbe4    
7c7 ,repeal of reduction in credit      
amount for metallurgical coal  7#a7 ,in 
general ,section #de,x7b77#a77,m7 of the
 ,internal ,revenue ,code of #aihf is   

amended by striking 7#b4e percent in the
 case of metallurgical coal74  7#b7     
,effective date ,the amendment made by  
this subsection shall apply to minerals 
produced and sold after ,december #ca1  
#bjbe4