HR3249-118

Introduced

To provide incentives for the domestic production of printed circuit boards, and for other purposes.

118th Congress Introduced May 11, 2023

Summary

What This Bill Does

The bill creates tax credit for the purchase or acquisition of printed circuit boards manufactured in the United States Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended, provides 45AA. Credit for the purchase or acquisition of printed circuit boards fabricated in the United States For the purposes of section 38, the credit determined under this section for the taxable year is an amount, and creates incentives for printed circuit board manufacturing and research and development. It relies on definition changes, appropriations, compliance mandates, and tax credits. The main policy areas are Regulated Industries, Finance, Energy, and Agriculture.

Who Benefits and How

Electric utilities and power customers affected by the bill could gain revenue opportunities, Businesses and employers affected by the bill could gain revenue opportunities, and Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.

Key Provisions

  • Creates tax credit for the purchase or acquisition of printed circuit boards manufactured in the United States Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended...
  • Provides 45AA. Credit for the purchase or acquisition of printed circuit boards fabricated in the United States For the purposes of section 38, the credit determined under this section for the taxable year is an amount...
  • Creates incentives for printed circuit board manufacturing and research and development.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill creates tax credit for the purchase or acquisition of printed circuit boards manufactured in the United States Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended, provides 45AA. Credit for the purchase or acquisition of printed circuit boards fabricated in the United States For the purposes of section 38, the credit determined under this section for the taxable year is an amount, and creates incentives for printed circuit board manufacturing and research and development.

Key Policy Areas

Regulated Industries, Finance, Energy, Agriculture

Primary Purpose

The bill creates tax credit for the purchase or acquisition of printed circuit boards manufactured in the United States Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended, provides 45AA. Credit for the purchase or acquisition of printed circuit boards fabricated in the United States For the purposes of section 38, the credit determined under this section for the taxable year is an amount, and creates incentives for printed circuit board manufacturing and research and development.

Policy Domains

Regulated Industries Finance Energy Agriculture

Whole bill

Identified Gains
  • Electric utilities and power customers affected by the bill
  • Businesses and employers affected by the bill
  • Public beneficiaries or protected communities affected by the clause
  • Veterans and VA beneficiaries affected by the bill
  • Tribal governments and members affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Businesses and employers affected by the bill: ,
Veterans and VA beneficiaries affected by the bill:
Tribal governments and members affected by the bill:
Electric utilities and power customers affected by the bill: ,
Public beneficiaries or protected communities affected by the clause: ,
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Federal, state, or local agencies responsible for implementing the clause: , ,

Legislative Progress

Introduced
Introduced Committee Passed
May 11, 2023

Mr. Moore of Utah (for himself and Ms. Eshoo) introduced …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Regulated Industries Finance Energy Agriculture

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology