[Congressional Record Volume 163, Number 195 (Thursday, November 30, 2017)]
[Senate]
[Page S7589]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1689. Mrs. SHAHEEN submitted an amendment intended to be proposed 
by her to the bill H.R. 1, to provide for reconciliation pursuant to 
titles II and V of the concurrent resolution on the budget for fiscal 
year 2018; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. 1____. REPEAL OF PERCENTAGE DEPLETION ALLOWANCE FOR 
                   CERTAIN HARDROCK MINES.

       (a) In General.--Section 613(a) is amended by inserting 
     ``(other than hardrock mines located on lands subject to the 
     general mining laws or on land patented under the general 
     mining laws)'' after ``In the case of the mines''.
       (b) General Mining Laws Defined.--Section 613 of the 
     Internal Revenue Code of 1986 is amended by adding at the end 
     the following:
       ``(f) General Mining Laws.--For purposes of subsection (a), 
     the term `general mining laws' means those Acts which 
     generally comprise chapters 2, 12A, and 16, and sections 161 
     and 162 of title 30 of the United States Code.''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to taxable years beginning after December 31, 
     2017.
                                 ______