HR4772Referred to Committee

Critical Minerals Investment Tax Modernization Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-25
Introduced
3
Cosponsors
HR
ⓘ
Type

Sponsor

Adrian Smith
Adrian Smith
Republican · NE · Representative
Votes with party: 98.3% (662 recorded votes)

Full profile: /officials/S001172

Source: Congress.gov · FEC

Cosponsors (3)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2025-07-25

Source: Congress.gov

Plain-English Summary

This bill would update tax rules to encourage investment in mining and processing of critical minerals like lithium, cobalt, and rare earths that are essential for batteries, electronics, and defense equipment. Companies that extract or refine these minerals in the United States would likely receive tax breaks or credits to make their operations more profitable and competitive. The changes aim to reduce American dependence on foreign sources for these materials while boosting domestic mining and manufacturing jobs.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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Related legislation

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