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H.R. 1496 119th Congress House

Rare Earth Magnet Security Act of 2025

Official title: To amend the Internal Revenue Code of 1986 to establish a credit for the domestic production of high-performance rare earth magnets, and for other purposes.

Introduced: January 15, 2026 Introduced by: Guy Reschenthaler Republican · Pennsylvania See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 21, 2025
Introduced in House
Feb 21, 2025
Referred to the House Committee on Ways and Means.
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What's happening now February 21, 2025

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 25

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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APA
U.S. Congress. (2026). H.R. 1496: Rare Earth Magnet Security Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-1496/
MLA
"H.R. 1496: Rare Earth Magnet Security Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-1496/.
Bluebook (legal)
H.R. 1496, 119th Cong. (2026), https://openamerica.io/bill/119-HR-1496/.
Markdown link
[H.R. 1496: Rare Earth Magnet Security Act of 2025](https://openamerica.io/bill/119-HR-1496/)
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