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S 3486 118th Congress Senate Taxation

Protecting American Advanced Manufacturing Act

Introduced: September 11, 2024 See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 13, 2023
Read twice and referred to the Committee on Finance.
Dec 13, 2023
Introduced in Senate
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 Plain-English summary Congressional Research Service

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 December 13, 2023

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 6762 Identical bill Protecting American Advanced Manufacturing Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Scott, Rick
Florida · Sep 11, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3486: Protecting American Advanced Manufacturing Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-3486/
MLA
"S. 3486: Protecting American Advanced Manufacturing Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-3486/.
Bluebook (legal)
S. 3486, 118th Cong. (2026), https://openamerica.io/bill/118-S-3486/.
Markdown link
[S. 3486: Protecting American Advanced Manufacturing Act](https://openamerica.io/bill/118-S-3486/)
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