H.R. 9227
119th Congress
House
Magnets Value Chain Support Act of 2026
Official title: To amend the Internal Revenue Code of 1986 to incentivize the domestic production and use of permanent magnets, and for other purposes.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 9, 2026
Referred to the House Committee on Ways and Means.
Jun 9, 2026
Introduced in House
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What's happening now
Referred to the House Committee on Ways and Means.
Plain-language summary
Create tax incentives for domestic permanent magnet production and use.
This bill would amend the tax code to encourage the production and use of permanent magnets made in the United States. The bill is currently before the House Committee on Ways and Means and has not yet been voted on.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Lobbying activity
14
- AMERICAN HONDA MOTOR CO., INC.
- JOBY AERO, INC.
- NIRON MAGNETICS
- ASSOCIATION FOR UNCREWED VEHICLE SYSTEMS INTERNATIONAL
- APPTRONIK INC.
- SECURING AMERICA'S FUTURE ENERGY ALLIANCE
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Commerce, Dept of (DOC)
- Natl Security Council (NSC)
- U.S. Trade Representative (USTR)
- Defense, Dept of (DOD)
- Transportation, Dept of (DOT)
- Natl Highway Traffic Safety Administration (NHTSA)
Cosponsors
2
Cite this page
U.S. Congress. (2026). H.R. 9227: Magnets Value Chain Support Act of 2026. 119th Congress. Open America. https://openamerica.io/bill/119-HR-9227/
"H.R. 9227: Magnets Value Chain Support Act of 2026." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-9227/.
H.R. 9227, 119th Cong. (2026), https://openamerica.io/bill/119-HR-9227/.
[H.R. 9227: Magnets Value Chain Support Act of 2026](https://openamerica.io/bill/119-HR-9227/)