House bill · 119th Congress · Latest step: Introduced
Critical Minerals Investment Tax Modernization Act of 2025
Official title: To amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths, and for other purposes.
Sponsor: Rep. Adrian Smith R-NEWhere it went
- IntroducedJul 25, 2025
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Jul 25, 2025 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 4772.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. SMITH of Nebraska, as printed in the Congressional Record (Vol. 171, No. 128, July 25, 2025, Page H3656):Article 1, Section 8, Clause 1 of the ConstitutionSource: Congress.gov, Congressional Record July 25, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 50 characters
- Congress.gov bill record
- H.R. 4772, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/4772
- Record last updated by Congress.gov
- March 24, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
d90e05b67029c2395e9b6b840c285e0bf2c129a51ab4cbd7401fe88713aaf57f
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of March 24, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 4772, last updated March 24, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
3 cosponsors — 1 Republican, 2 Democrats
2 of 3 cosponsors (67%) are from the other party.
Jimmy Panetta (D-CA), Guy Reschenthaler (R-PA), Eugene Vindman (D-VA).
More from the sponsor
Other 119th Congress bills sponsored by Rep. Adrian Smith.
- H.R. 1346 (119th) To amend the Clean Air Act with respect to the ethanol waiver for Reid Vapor Pressure under that Act, and for other purposes.
- H.R. 3164 (119th) Ensuring Community Access to Pharmacist Services Act
- H.R. 1502 (119th) North Platte Canteen Congressional Gold Medal Act
- H.R. 833 (119th) Educational Choice for Children Act of 2025
- H.R. 2398 (119th) Rural Veterinary Workforce Act
- H.R. 2891 (119th) IRA Charitable Rollover Facilitation and Enhancement Act of 2025
Related bills
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.