HR7458-118

Introduced

To amend the Internal Revenue Code of 1986 to establish the Made in the U.S.A. tax credit.

118th Congress Introduced Feb 26, 2024

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 the Made in the U.S.A. tax credit., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Finance, Agriculture.

Who Benefits and How

energy producers, utilities, and energy consumers 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, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H5C78A264E5C04DADA309BEFA428369AF: 1. Short title This Act may be cited as the Made in the U.S.A. Act.
  • Section H1123DB2F7B0A479F801AE7F979EAC6DD: 2. Made in the USA tax credit Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 36C...
  • Section HFE86BDBF4A9F4A869A98B06C19392A02: 36D. Made in the USA tax credit In the case of an eligible taxpayer, there shall be allowed as a credit against the tax imposed by this subtitle for any...

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 the Made in the U.S.A. tax credit., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Key Policy Areas

Energy, Finance, Agriculture

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to establish the Made in the U.S.A. tax credit., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Policy Domains

Energy Finance Agriculture

Whole bill

Identified Gains
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
energy producers, utilities, and energy consumers: ,
Identified Costs
  • federal implementing agencies
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
energy producers, utilities, and energy consumers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Feb 26, 2024

Mr. Khanna (for himself, Mr. Grijalva, and Mr. Krishnamoorthi) 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
Energy Finance Agriculture
Actor Mappings
"secretary_of_treasury"
→ Secretary of the Treasury

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