3.0.0
2849
2025-12-05T09:00:27Z
2025-12-05T09:00:27Z
House
H
HR
2023-04-25
118
https://www.congress.gov/bill/118th-congress/house-bill/2849
[Congressional Record Volume 169, Number 69 (Tuesday, April 25, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. RESCHENTHALER:H.R. 2849.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8The single subject of this legislation is:To amend the Internal Revenue Code of 1986 to establish acredit for the domestic production of rare earth magnets, andfor other purposes.[Page H1949]
- hswm00
Ways and Means Committee
House
Standing
  - Referred To
2023-04-25T16:00:30Z

- Rare Earth Magnet Manufacturing Production Tax Credit Act of 2023
118
3521
S
2024-01-18
Committee on Banking, Housing, and Urban Affairs. Hearings held.
  - Related bill
CRS
- 2023-04-25
Referred to the House Committee on Ways and Means.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2023-04-25
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-04-25
Introduced in House
IntroReferral
1000
9
Library of Congress
- R000610
Rep. Reschenthaler, Guy [R-PA-14]
Guy
Reschenthaler
R
PA
14
N
- S001193
Rep. Swalwell, Eric [D-CA-14]
Eric
Swalwell
D
CA
14
2023-04-25
True
- C001063
Rep. Cuellar, Henry [D-TX-28]
Henry
Cuellar
D
TX
28
2023-04-26
False
- M001204
Rep. Meuser, Daniel [R-PA-9]
Daniel
Meuser
R
PA
9
2023-05-09
False
- J000292
Rep. Johnson, Bill [R-OH-6]
Bill
Johnson
R
OH
6
2023-05-15
False
- L000590
Rep. Lee, Susie [D-NV-3]
Susie
Lee
D
NV
3
2023-05-15
False
- C001117
Rep. Casten, Sean [D-IL-6]
Sean
Casten
D
IL
6
2023-05-15
False
- C001103
Rep. Carter, Earl L. "Buddy" [R-GA-1]
Earl
Carter
R
GA
L. "Buddy"
1
2023-05-15
False
- C000059
Rep. Calvert, Ken [R-CA-41]
KEN
CALVERT
R
CA
41
2023-05-31
False
- G000581
Rep. Gonzalez, Vicente [D-TX-34]
Vicente
Gonzalez
D
TX
34
2023-05-31
False
- M001215
Rep. Miller-Meeks, Mariannette [R-IA-1]
Mariannette
Miller-Meeks
R
IA
1
2023-09-13
False
- B001282
Rep. Barr, Andy [R-KY-6]
Andy
Barr
R
KY
6
2024-02-05
False
- K000391
Rep. Krishnamoorthi, Raja [D-IL-8]
Raja
Krishnamoorthi
D
IL
8
2024-02-06
False
- G000579
Rep. Gallagher, Mike [R-WI-8]
Mike
Gallagher
R
WI
8
2024-03-01
False
- C001066
Rep. Castor, Kathy [D-FL-14]
Kathy
Castor
D
FL
14
2024-03-11
False
- D000530
Rep. Deluzio, Christopher R. [D-PA-17]
Christopher
Deluzio
D
PA
R.
17
2024-03-26
False
- H001085
Rep. Houlahan, Chrissy [D-PA-6]
Chrissy
Houlahan
D
PA
6
2024-04-05
False
- P000613
Rep. Panetta, Jimmy [D-CA-19]
Jimmy
Panetta
D
CA
19
2024-04-05
False
- V000131
Rep. Veasey, Marc A. [D-TX-33]
Marc
Veasey
D
TX
A.
33
2024-04-16
False
- L000598
Rep. LaLota, Nick [R-NY-1]
Nick
LaLota
R
NY
1
2024-05-24
False
- G000558
Rep. Guthrie, Brett [R-KY-2]
Brett
Guthrie
R
KY
2
2024-06-03
False
- M001194
Rep. Moolenaar, John R. [R-MI-2]
John
Moolenaar
R
MI
R.
2
2024-06-25
False
- S001212
Rep. Stauber, Pete [R-MN-8]
Pete
Stauber
R
MN
8
2024-07-08
False
- V000129
Rep. Valadao, David G. [R-CA-22]
David
Valadao
R
CA
G.
22
2024-08-23
False
- H001067
Rep. Hudson, Richard [R-NC-9]
Richard
Hudson
R
NC
9
2024-10-04
False
- O000019
Rep. Obernolte, Jay [R-CA-23]
Jay
Obernolte
R
CA
23
2024-10-22
False
- P000619
Rep. Peltola, Mary Sattler [D-AK-At Large]
Mary
Peltola
D
AK
Sattler
0
2024-10-29
False
- T000469
Rep. Tonko, Paul [D-NY-20]
Paul
Tonko
D
NY
20
2024-11-01
False
Taxation
- Income tax credits
2024-12-10T17:58:19Z
- Manufacturing
2024-12-10T17:58:19Z
- Materials
2024-12-10T17:58:19Z
- Metals
2024-12-10T17:58:19Z
- Strategic materials and reserves
2024-12-10T17:58:19Z
Taxation
2023-05-04T12:30:20Z
00
2023-04-25
Introduced in House
2023-05-04T14:59:39Z
Rare Earth Magnet Manufacturing Production Tax Credit Act of 2023
This bill allows a new tax credit for the domestic production of rare earth magnets. The magnets must be manufactured or produced in the ordinary course of the taxpayer's trade or business. The credit is disallowed if any component rare earth material used to produce such magnets is produced in a non-allied foreign nation.
The bill defines rare earth magnet as a permanent magnet comprised of an alloy of neodymium, iron, and boron, or an alloy of samarium and cobalt, which may also include other material.

Rare Earth Magnet Manufacturing Production Tax Credit Act of 2023
- Display Title
45

Rare Earth Magnet Manufacturing Production Tax Credit Act of 2023
2024-06-11T15:11:30Z
- Short Title(s) as Introduced
101

Rare Earth Magnet Manufacturing Production Tax Credit Act of 2023
2024-05-24T13:40:38Z
Introduced in House
IH
- Official Title as Introduced
6

To amend the Internal Revenue Code of 1986 to establish a credit for the domestic production of rare earth magnets, and for other purposes.
2024-03-18T20:40:58Z
Introduced in House
IH
- Introduced in House
2023-04-25T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr2849ih/xml/BILLS-118hr2849ih.xml
2023-04-25
Referred to the House Committee on Ways and Means.
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.
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