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US Printed Circuit Board Production: Tax Credits and Grants

This act introduces tax credits for companies purchasing US-made printed circuit boards and establishes a grant program to boost domestic production. The goal is to create jobs and enhance national security by reducing reliance on foreign suppliers of critical electronic components.
Key points
Businesses buying US-fabricated printed circuit boards can receive a 25% tax credit on their purchase costs.
The government will launch a financial assistance program for companies building or expanding PCB manufacturing facilities in the US, with preferences for small businesses and those employing disadvantaged individuals.
Financial support can reach up to $300 million per project, with potential for larger awards if deemed critical for national security.
The act includes clawback provisions to recover funds if projects are delayed or if recipients engage in problematic collaborations with foreign entities of concern.
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Introduced
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Additional Information
Print number: 119_HR_3597
Sponsor: Rep. Moore, Blake D. [R-UT-1]
Process start date: 2025-05-23