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Tax Credits for Moving Manufacturing from China to USA

This act introduces a tax credit for companies that choose to relocate their factories and manufacturing equipment from China back to the United States. The goal is to encourage job creation and strengthen the domestic economy. Citizens may experience positive effects through increased availability of "Made in USA" products and potential job growth.
Key points
Companies moving manufacturing equipment from China to the U.S. can receive a tax credit.
The credit amount varies by year: 100% in 2021-2022, 80% in 2023, 60% in 2024.
The maximum credit per taxpayer per year is $25 million.
The credit covers transportation costs, including import duties and fees.
If equipment is moved out of the U.S. within 3 years, the credit must be repaid.
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Status:
Expired
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Additional Information
RAM Act of 2021
Print number: HR 590
Sponsor: Rep. Posey, Bill [R-FL-8]
Process start date: 2021-01-28
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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Summary & Status

Key Questions about Tax Credits for Moving Manufacturing from China to USA

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is HR 590.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-01-28.

What are the main provisions?

Key points include:

  • Companies moving manufacturing equipment from China to the U.S. can receive a tax credit.
  • The credit amount varies by year: 100% in 2021-2022, 80% in 2023, 60% in 2024.
  • The maximum credit per taxpayer per year is $25 million.
  • The credit covers transportation costs, including import duties and fees.
  • If equipment is moved out of the U.S. within 3 years, the credit must be repaid.

What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Posey, Bill [R-FL-8].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

Analysis and Potential Impact of HR 590

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

CATEGORIES

Taxes Economy