Protecting American Advanced Manufacturing Act
- Last Action
- 12/13/2023
Actions
- 2023-12-13Read twice and referred to the Committee on Finance.
- 2023-12-13Introduced in Senate
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 (1)
- Rick Scott (R-FL)
Sourced from Congress.gov (public domain).
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