The Port Crane Tax Credit Act of 2025 establishes two new tax credits to encourage domestic manufacturing of port cranes—the large equipment used to load and unload cargo at shipping terminals. The first credit allows manufacturers to claim 25 percent of their investment in port crane manufacturing facilities as a tax credit, while the second provides production credits equal to 40 percent of the sale price for domestically-produced port cranes, or 60 percent if 90 percent of component materials are made in the U.S. Both credits apply to facilities and products located anywhere in the United States, including territories, and can be transferred or paid out directly to eligible taxpayers. The credits sunset after December 31, 2035, with a phase-out period in 2035-2036, and apply to property placed in service after the bill's enactment.
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.