To amend the Internal Revenue Code of 1986 to provide tax relief to promote investments in mine safety.

H.R. 4835 is a legislative proposal designed to improve safety standards in the mining industry by providing financial incentives for companies to upgrade their equipment and training. The bill would allow mining companies to immediately deduct 50% of the cost of advanced safety technology, such as emergency communication systems, tracking devices, and oxygen supplies, from their taxes. Additionally, it creates a tax credit for employers to help cover the costs of specialized safety training for mine rescue teams. These measures are intended to encourage the rapid adoption of life-saving technology and ensure that rescue personnel are better prepared for emergencies.