Introduced:
Apr 10, 2025
Policy Area:
Taxation
Congress.gov:
Bill Statistics
3
Actions
0
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
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Latest Action
Apr 10, 2025
Referred to the House Committee on Ways and Means.
Actions (3)
Referred to the House Committee on Ways and Means.
Type: IntroReferral
| Source: House floor actions
| Code: H11100
Apr 10, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: Intro-H
Apr 10, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: 1000
Apr 10, 2025
Subjects (1)
Taxation
(Policy Area)
Full Bill Text
Length: 2,629 characters
Version: Introduced in House
Version Date: Apr 10, 2025
Last Updated: Nov 15, 2025 6:22 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2871 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 2871
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.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
April 10, 2025
Mr. Miller of Ohio introduced the following bill; which was referred to
the Committee on Ways and Means
_______________________________________________________________________
A BILL
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.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[H.R. 2871 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 2871
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.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
April 10, 2025
Mr. Miller of Ohio introduced the following bill; which was referred to
the Committee on Ways and Means
_______________________________________________________________________
A BILL
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.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``Safeguarding U.S. Supply Chains
Act''.
SEC. 2.
RESPECT TO FOREIGN ENTITIES OF CONCERN.
(a) Credit Not Allowed for Components Produced by Foreign Entities
of Concern.--
(a) Credit Not Allowed for Components Produced by Foreign Entities
of Concern.--
Section 45X
(d) of the Internal Revenue Code of 1986 is
amended by adding at the end the following new paragraph:
``
(5) Credit not allowed for components produced by foreign
entities of concern.
(d) of the Internal Revenue Code of 1986 is
amended by adding at the end the following new paragraph:
``
(5) Credit not allowed for components produced by foreign
entities of concern.--No credit shall be allowed under this
section with respect to any eligible component which is
produced by a foreign entity of concern (as defined in
amended by adding at the end the following new paragraph:
``
(5) Credit not allowed for components produced by foreign
entities of concern.--No credit shall be allowed under this
section with respect to any eligible component which is
produced by a foreign entity of concern (as defined in
section 9901
(8) of the William M.
(8) of the William M. Mac Thornberry National Defense
Authorization Act for Fiscal Year 2021 (15 U.S.C. 4651
(8) )).''.
(b) Additional Restrictions With Respect to Qualifying Battery
Components.--
Section 45X
(c) (5) of such Code is amended by adding at the
end the following new subparagraph:
``
(C) Prohibition on certain involvement of foreign
entities of concern.
(c) (5) of such Code is amended by adding at the
end the following new subparagraph:
``
(C) Prohibition on certain involvement of foreign
entities of concern.--The term `qualifying battery
component' shall not include any battery component
produced using technology designed, developed,
manufactured, licensed, or supplied by a foreign entity
of concern (as defined in
end the following new subparagraph:
``
(C) Prohibition on certain involvement of foreign
entities of concern.--The term `qualifying battery
component' shall not include any battery component
produced using technology designed, developed,
manufactured, licensed, or supplied by a foreign entity
of concern (as defined in
section 9901
(8) of the
William M.
(8) of the
William M. Mac Thornberry National Defense
Authorization Act for Fiscal Year 2021 (15 U.S.C.
4651
(8) )).''.
(c) Effective Date.--The amendments made by this section shall
apply to components produced and sold after the date of the enactment
of this Act.
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