Protecting Circuit Boards and Substrates Act

Ruben Gallego

Democrat · AZ · Senator

Source: Congress.gov · FEC

• James C. Justice (R-WV)Original· 2026-05-19

Read twice and referred to the Committee on Finance.

2026-05-19

Source: Congress.gov

The government would offer tax breaks to companies that manufacture printed circuit boards in the United States, making it cheaper for them to produce these electronic components domestically rather than overseas. Printed circuit boards are essential parts found in computers, smartphones, and countless other electronic devices, so this incentive aims to boost American manufacturing and reduce dependence on foreign production. The bill is currently under review by the Senate Finance Committee.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4569 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4569 To amend the Internal Revenue Code of 1986 to provide incentives for the domestic production of printed circuit boards. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 19, 2026 Mr. Gallego (for himself and Mr. Justice) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide incentives for the domestic production of printed circuit boards. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Protecting Circuit Boards and Substrates Act''. SEC. 2. CREDIT FOR PURCHASE OR ACQUISITION OF PRINTED CIRCUIT BOARDS MANUFACTURED IN THE UNITED STATES. (a) In General.--Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: ``SEC. 45BB. CREDIT FOR PURCHASE OR ACQUISITION OF PRINTED CIRCUIT BOARDS MANUFACTURED IN THE UNITED STATES. ``(a) In General.--For purposes of section 38, the printed circuit board credit for any taxable year is an amount equal to 25 percent of the amount paid or incurred by the taxpayer during such taxable year for the purchase or acquisition of printed circuit boards which are fabricated in the United States. ``(b) Definitions.--In this section-- ``(1) Fabricated.--The term `fabricated' means the use of raw materials to manufacture a connected composite structure featuring electrically conductive and non-conductive elements by subtractive, additive, or other technique. ``(2) Printed circuit board.--The term `printed circuit board' means-- ``(A) a composite structure of layered electrically conductive and non-conductive materials that provides-- ``(i) interconnections with-- ``(I) other micro-electronics, or ``(II) other electronics systems or subsystems, and ``(ii) electrical connections between active and passive components, and ``(B) any components embedded in the composite structure described in subparagraph (A). ``(c) Regulations and Guidance.--The Secretary shall, in consultation with the Secretary of Commerce and the Secretary of Labor, promulgate such regulations and guidance as may be necessary or appropriate to carry out this section.''. (b) Credit To Be Part of General Business Credit.--Subsection (b) of section 38 of such Code is amended by striking ``plus'' at the end of paragraph (40), by striking the period at the end of paragraph (41) and inserting ``, plus'', and by adding at the end the following new paragraph: ``(42) the printed circuit board credit determined under section 45BB(a).''. (c) Clerical Amendment.--The table of sections for subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new item: ``Sec. 45BB. Credit for purchase or acquisition of printed circuit boards manufactured in the United States.''. (d) Effective Dates.--The amendments made by this section shall apply to amounts paid or incurred after December 31, 2025. <all>

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