HR. 1328In Committee
Supply Chain Security and Growth Act of 2025
Establishes tax incentives for critical supply chain manufacturing facilities in U.S. possessions, including a new investment credit and a larger deemed-paid foreign tax credit
Plain-English overview
What this bill does
Establishes tax incentives for critical supply chain manufacturing facilities in U.S. possessions, including a new investment credit and a larger deemed-paid foreign tax credit
Key points
- Establish tax credit for facility investments
- Authorize transfer of tax credit
- Allow direct payment of tax credit
- Increase deemed paid foreign tax credit
Current status
Where it stands
Status
In Committee
Latest action
2025-02-13 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation