CIRCUIT Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 448 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 448 To amend the Internal Revenue Code of 1986 to expand the advanced manufacturing production credit to include distribution transformers. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 6 (legislative day, February 5), 2025 Mr. Moran (for himself and Ms. Cortez Masto) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to expand the advanced manufacturing production credit to include distribution transformers. 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 ``Credit Incentives for Resilient Critical Utility Infrastructure and Transformers Act'' or the ``CIRCUIT Act''. SEC. 2. EXPANSION OF ADVANCED MANUFACTURING PRODUCTION CREDIT TO INCLUDE DISTRIBUTION TRANSFORMERS. (a) In General.-…