To amend the Internal Revenue Code of 1986 to expand and improve the advanced manufacturing production tax credit.

Referred to the House Committee on Ways and Means.

2026-05-13

The proposal would expand a tax credit that currently helps manufacturers of semiconductors and solar panels by allowing more types of advanced manufacturing facilities to qualify and potentially increasing the credit amounts available. Companies that build or expand factories producing clean energy equipment, computer chips, and other advanced products could receive larger tax breaks to offset their investment costs. This would aim to encourage domestic manufacturing of these technologies and reduce reliance on foreign production.