To amend the Internal Revenue Code of 1986 to enhance the qualified business income deduction for domestic manufacturers, and for other purposes.

Referred to the House Committee on Ways and Means.

2026-05-12

The proposal would increase tax deductions for American manufacturing companies, allowing them to keep more of their profits by reducing their taxable income. This change would primarily benefit domestic manufacturers and could potentially lower their overall tax bills, though it may also affect federal tax revenue. The measure is designed to encourage manufacturing activity within the United States.