Bill intelligence
S. 4033, Corporate Tax Deduction Expansion. Quorum's AI analysis reads it as a net cost — and names who bears it.
S. 4033 · Net cost
Renewable Energy
What it does
This bill increases the federal tax deduction (percentage depletion allowance) for companies mining rare earth elements, scandium, and tantalum from the current rate to 22%, effective immediately upon enactment.
The analysis names rare earth mining companies — and 2 more groups — among the beneficiaries.
The cost
Increases federal revenue loss (foregone tax receipts) without corresponding appropriation or offset, potentially widening the deficit or requiring cuts elsewhere.
Transparency scores 75%, with a medium warning level and no detached riders.
Who is behind it
Filed by Jon Husted.
Correlative observation from public records — not evidence of coordination or wrongdoing, and not financial advice.
This page is the record as of today. The app tells you when it changes.
SOURCE: QUORUM BILL ANALYSIS (LLM, FULL TEXT) · QUORUM BILL TRANSPARENCY ANALYSIS