II 116th CONGRESS 2d Session S. 3694 IN THE SENATE OF THE UNITED STATES May 12, 2020 Mr. Cruz introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment is made in property used to extract critical minerals and metals from the United States, to modify the prohibition on the acquisition of certain sensitive materials from non-allied foreign nations, and for other purposes.