HR9338-118

Introduced

To amend the Internal Revenue Code of 1986 to restrict the advanced manufacturing production credit with respect to components produced by, or in connection with, foreign entities of concern.

118th Congress Introduced Aug 9, 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 restrict the advanced manufacturing production credit with respect to components produced by, or in connection with, foreign entities of concern., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors. The main policy domain is Defense, Finance, Technology.

Who Benefits and How

defense agencies, service members, and defense contractors 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, defense agencies, service members, and defense contractors may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H5675DD19B567409EA9CE3291778C999F: 1. Restriction on advanced manufacturing production credit with respect to foreign entities of concern Section 45X(d) of the Internal Revenue Code of 1986 is...

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 restrict the advanced manufacturing production credit with respect to components produced by, or in connection with, foreign entities of concern., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.

Key Policy Areas

Defense, Finance, Technology

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to restrict the advanced manufacturing production credit with respect to components produced by, or in connection with, foreign entities of concern., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.

Policy Domains

Defense Finance Technology

Whole bill

Identified Gains
  • defense agencies, service members, and defense contractors
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
defense agencies, service members, and defense contractors:
Identified Costs
  • federal implementing agencies
  • defense agencies, service members, and defense contractors
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
defense agencies, service members, and defense contractors:

Legislative Progress

Introduced
Introduced Committee Passed
Aug 9, 2024

Mr. Miller of Ohio introduced the following bill; which was …

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
Defense Finance Technology
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

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