Protecting American Advanced Manufacturing Act
- Last Action
- 12/13/2023
Actions
- 2023-12-13Referred to the House Committee on Ways and Means.
- 2023-12-13Introduced in House
- 2023-12-13Introduced in House
CRS Summary
As of 2023-12-13 (00)
Protecting American Advanced Manufacturing Act
This bill prohibits companies associated with governments of foreign adversaries from receiving the advanced manufacturing production tax credit. This includes companies that are owned, controlled by, operated by, or under the influence of a foreign adversary, any company whose equity interests are held by a foreign adversary (not less than 10%), or any company that is controlled by a foreign adversary through certain debt, lease, or manufacturing arrangements.
Cosponsors (10)
- Gregory Murphy (R-NC)
- Michelle Fischbach (R-MN)
- John Moolenaar (R-MI)
- Beth Van Duyne (R-TX)
- John Curtis (R-UT)
- Brad Wenstrup (R-OH)
- Troy Balderson (R-OH)
- Andrew Ogles (R-TN)
- Jared Golden (D-ME)
- Max Miller (R-OH)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.