HR 6762
118th Congress
House
Taxation
Protecting American Advanced Manufacturing Act
Introduced: December 13, 2023
Introduced by:
Miller, Carol D.
Republican
· West Virginia
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 13, 2023
Referred to the House Committee on Ways and Means.
Dec 13, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1