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.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8277 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 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. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 14, 2026 Mr. Schweikert (for himself and Mr. Carey) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. INCLUSION OF COPPER AS APPLICABLE CRITICAL MINERAL FOR PURPOSES OF THE ADVANCED MANUFACTURING PRODUCTION CREDIT. (a) In General.--Section 45X(c)(6)(AA) of the Internal Revenue Code of 1986 is amended-- (1) by redesignating clauses (iii) through (xxv) as clauses (iv) through (xxvi), respectively, and (2) by inserting after clause (ii) the following new clause: ``(iii) Copper.''. (b) Effective Date.--The amendments made by this section shall apply to minerals produced and sold after December 31, 2025. SEC. 2. INCLUSION OF ORE EXTRACTION COSTS IN ADVANCED MANUFACTURING PRODUCTION CREDIT. (a) In General.--Section 45X(d) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph: ``(5) Extraction costs for critical minerals.-- ``(A) In general.--In the case of a taxpayer that extracts ore that is subsequently refined into an applicable critical mineral, the costs of incurred by the taxpayer with respect to such extraction shall be treated as costs desc