To amend the Internal Revenue Code of 1986 to restrict the advanced manufacturing production credit with respect to components produced by, or in connection with, foreign entities of concern.
About This Bill
Committee
Latest Action · August 9, 2024
Referred to the House Committee on Ways and Means.
This bill disallows the advanced manufacturing production tax credit for components, including battery components, produced by, or in connection with, foreign entities of concern (e.g., terrorist organizations).
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