S. 448In Committee
CIRCUIT Act
Expands the advanced manufacturing production tax credit to cover up to 10% of the cost of producing certain electric distribution transformers
Plain-English overview
What this bill does
Expands the advanced manufacturing production tax credit to cover up to 10% of the cost of producing certain electric distribution transformers
Key points
- Authorize credit for transformers
- Expand tax credit eligibility
Current status
Where it stands
Status
In Committee
Latest action
2025-02-06 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedTaxation