My proposed legislation takes an important step to incentivize the domestic production of rare earth elements and critical minerals. It offers a tax credit for both supplying waste materials from coal mining and then extracting rare earth minerals from it.
I will support legislation that incentivizes domestic production of rare earth elements and critical minerals, including a tax credit for supplying waste materials from coal mining and extracting rare earth minerals from them.
Occurrences
Evidence
H.R.1496 was introduced as a bill "to amend the Internal Revenue Code of 1986 to establish a credit for the domestic production of high-performance rare earth magnets, and for other purposes." Rep. Daniel Meuser is listed among the original cosponsors, with the bill referred to the House Committee on Ways and Means on 02/21/2025.
Under the taxonomy entry for Taxation, the Congressional Record index lists Meuser under "establish credit for domestic production of high-performance rare earth magnets (see H.R. 1496), [H728] [21FE]."
Meuser said his proposed legislation "takes an important step to incentivize domestic production of rare earth elements and critical minerals" and "offers a tax credit for both supplying waste materials from coal mining and then extracting rare earth minerals from it."
Assessments
The promise was to support legislation incentivizing domestic rare earth and critical mineral production, including tax-credit language tied to coal-mining waste materials. During the same federal term, Meuser publicly promoted legislation with that precise policy design and was tied in the Congressional Record/Congress.gov to H.R.1496, a rare-earth production tax-credit bill. Because the commitment was to support legislation rather than guarantee enactment, formal backing and public advancement of the bill satisfies the promise.