S 5330·Federal·senate
Critical Mineral and Extraction Tax Parity Act
In CommitteeFiled Aug 6, 2026
Sponsor: Sen. Curtis, John R. [R-UT] (R)
Latest Action
Read twice and referred to the Committee on Finance.
Aug 6, 2026
Summary
The bill modifies the Internal Revenue Code to expand the existing tax credit for advanced manufacturing. It would allow more manufacturers to qualify and could increase the credit’s size. The change aims to stimulate domestic high‑tech production and create jobs.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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