To amend the Internal Revenue Code of 1986 to incentivize the domestic production and use of permanent magnets, and for other purposes.
119th Congress
Introduced Jun 9, 2026
Analysis pending: Bill-level context not yet generated. Clause-by-clause analysis may still be available below.
Sponsors
Legislative Progress
In Committee
Introduced
Committee
Passed
Jun 9, 2026
Referred to the House Committee on Ways and Means.
Jun 9, 2026
Introduced in House
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