119 HR 2871 IH: Safeguarding U.S. Supply Chains Act U.S. House of Representatives 2025-04-10 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS1st SessionH. R. 2871IN THE HOUSE OF REPRESENTATIVESApril 10, 2025Mr. Miller of Ohio introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to restrict the advanced manufacturing production credit with respect to components produced by, or in connection with, foreign entities of concern.

1.

Short title

This Act may be cited as the Safeguarding U.S. Supply Chains Act.

2.

Restriction on advanced manufacturing production credit with respect to foreign entities of concern

(a)

Credit not allowed for components produced by foreign entities of concern

Section 45X(d) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph:(5)

Credit not allowed for components produced by foreign entities of concern

No credit shall be allowed under this section with respect to any eligible component which is produced by a foreign entity of concern (as defined in section 9901(8) of the William M. Mac Thornberry National Defense Authorization Act for Fiscal Year 2021 (15 U.S.C. 4651(8)))..(b)

Additional restrictions with respect to qualifying battery components

Section 45X(c)(5) of such Code is amended by adding at the end the following new subparagraph:(C)

Prohibition on certain involvement of foreign entities of concern

The term qualifying battery component shall not include any battery component produced using technology designed, developed, manufactured, licensed, or supplied by a foreign entity of concern (as defined in section 9901(8) of the William M. Mac Thornberry National Defense Authorization Act for Fiscal Year 2021 (15 U.S.C. 4651(8)))..(c)

Effective date

The amendments made by this section shall apply to components produced and sold after the date of the enactment of this Act.