Pipeline · Bill → Law
Step 1
Introduced
Dec 13, 2023
Step 2
Referred
Dec 13, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill prohibits companies associated with governments of foreign adversaries from receiving the advanced manufacturing production tax credit. This includes companies that are owned, controlled by, operated by, or under the influence of a foreign adversary, any company whose equity interests are held by a foreign adversary (not less than 10%), or any company that is controlled by a foreign adversary through certain debt, lease, or manufacturing arrangements.
Timeline · 2 actions
Dec 13, 2023
Introduced in House
Dec 13, 2023
Referred to the House Committee on Ways and Means.