The CIRCUIT Act expands a federal tax credit for advanced manufacturing to include distribution transformers—electrical devices that reduce high-voltage power to safer levels for homes and businesses. Under this bill, manufacturers of distribution transformers would receive a tax credit equal to 10 percent of their production costs, bringing transformers into the same incentive program that already covers other advanced manufacturing components. The bill is designed to encourage domestic production of these critical utility infrastructure components and boost supply chain resilience. The credit would take effect 90 days after the bill becomes law and applies to transformers produced and sold after that date. This legislation could help strengthen the nation's electrical grid infrastructure while supporting American manufacturers in this sector.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.