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The American Tax Dollars for American Solar Manufacturing Act would prevent companies from claiming a federal tax credit for solar components that are manufactured by foreign entities of concern. Specifically, it would block the advanced manufacturing production credit (a tax incentive under Section 45X) for any solar components produced by companies designated as foreign entities of concern, which are defined in existing national defense law and typically include firms tied to countries like China, Russia, and Iran. This bill affects solar manufacturers and companies that produce solar components, as well as the broader solar industry that relies on these tax credits to offset manufacturing costs. The legislation would take effect immediately after enactment for any components produced and sold after that date. The bill was introduced in July 2024 and has bipartisan sponsorship from Senate members across party lines.

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