HR4589-119

Introduced

To amend the Internal Revenue Code of 1986 to establish tax credits to incentivize the domestic production of port cranes, and for other purposes.

119th Congress Introduced Jul 22, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to establish tax credits to incentivize the domestic production of port cranes, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Transportation, Environment.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H2C4C083393BB44DF83AC4CB51EF12AB6: 1. Short title This Act may be cited as the Port Crane Tax Credit Act of 2025.
  • Section H8C23BBB40F7143BD9DAD321381F4BEF5: 2. Port crane manufacturing facility investment credit Subpart E of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by...
  • Section HEF6832DC3A2E4334BDCB215974475126: 48F. Port crane manufacturing facility investment credit For purposes of section 46, the port crane investment credit for any taxable year is an amount equal...
  • Section H80C1CC1FFA7A4CD69CF4E05BA2A7B6C6: 3. Port crane production credit Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section...
  • Section H513DB90C95EB469F924976DF6A870A0A: 45BB. Port crane production credit For purposes of section 38, the port crane production credit for any taxable year is an amount equal to the sum of the...

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

This bill, To amend the Internal Revenue Code of 1986 to establish tax credits to incentivize the domestic production of port cranes, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Transportation, Environment

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to establish tax credits to incentivize the domestic production of port cranes, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Transportation Environment

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
financial institutions, investors, and borrowers: , ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: , ,
financial institutions, investors, and borrowers: , ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 22, 2025

Mr. Ezell (for himself, Mr. Weber of Texas, Ms. Malliotakis, …

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
Finance Transportation Environment
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

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