This bill expands the existing advanced manufacturing production credit (Section 45X of the tax code) to include fusion energy components, effectively offering tax incentives to manufacturers of fusion technology. Companies that produce qualifying fusion components—including high-temperature superconducting magnets, fusion chambers, blanket systems, lasers, capacitors, and other specialized equipment—can claim a tax credit equal to 25 percent of the sales price of those components. The credit phases out gradually after December 31, 2031, declining to 75 percent in 2032, 50 percent in 2033, 25 percent in 2034, and disappearing entirely after 2034. The bill also expands the list of materials eligible for manufacturing credits to include additional elements needed for fusion energy production, such as tungsten, vanadium, boron, deuterium, tritium, and helium-3. These provisions take effect for components produced and sold after December 31, 2025.
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