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119-hr-2871119th CongressWALLET

Safeguarding U.S. Supply Chains Act

Sponsored By: Representative Miller, Max L. [R-OH-7]

Introduced

Summary

This bill would deny the advanced manufacturing production tax credit for components tied to foreign entities of concern. It would also bar battery components from qualifying if they are made using technology designed, developed, manufactured, licensed, or supplied by those same entities.

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  • Manufacturers: Companies could not claim the Internal Revenue Code advanced manufacturing production credit (section 45X) for any eligible component produced by a foreign entity of concern.
  • Battery producers: Qualifying battery components would be excluded if production used technology designed, developed, manufactured, licensed, or supplied by a foreign entity of concern.
  • Defined list: The bill relies on the National Defense Authorization Act for Fiscal Year 2021 definition of "foreign entity of concern" to identify which foreign actors trigger ineligibility.
  • Timing: The restriction would apply to components produced and sold after enactment.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Manufacturers lose credit on foreign‑tied parts

If enacted, manufacturers would not get the advanced manufacturing production tax credit for any component made by a "foreign entity of concern" (15 U.S.C. 4651(8)). Battery parts made using technology designed, developed, manufactured, licensed, or supplied by those entities would also not qualify. These limits would apply to components produced and sold after the date of enactment. Affected businesses could face higher tax bills or lose expected credits.

Sponsors & CoSponsors

Sponsor

Miller, Max L. [R-OH-7]

OH • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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