Rare Earth Magnet Security Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1496 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1496 To amend the Internal Revenue Code of 1986 to establish a credit for the domestic production of high-performance rare earth magnets, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 21, 2025 Mr. Reschenthaler (for himself, Mr. Swalwell, Mr. Hudson, Ms. Lee of Nevada, Mr. Calvert, Ms. Castor of Florida, Mr. Obernolte, Mr. Tonko, Mr. Moolenaar, Mr. Deluzio, Mr. Meuser, Mr. Panetta, Mr. Mills, and Ms. Houlahan) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to establish a credit for the domestic production of high-performance rare earth magnets, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Rare Earth Magnet Security Act of 2025''. S…