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Tax Credits for Transformer Production: Strengthening Energy Infrastructure.

This act amends tax laws to include distribution transformers in advanced manufacturing production credits. The goal is to encourage companies to produce these vital components, potentially enhancing the resilience and reliability of the national power grid. Citizens may indirectly benefit from more stable energy access.
Key points
Companies producing distribution transformers will be eligible for new tax credits, equal to 10% of production costs.
The changes aim to support domestic manufacturing of critical energy infrastructure components, potentially improving power supply security.
New rules will apply 90 days after the act's enactment, affecting transformers produced and sold after that date.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_4128
Sponsor: Rep. Fry, Russell [R-SC-7]
Process start date: 2025-06-25
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

CIRCUIT Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_4128.

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 2025-06-25.

What are the main provisions?

Key points include:

  • Companies producing distribution transformers will be eligible for new tax credits, equal to 10% of production costs.
  • The changes aim to support domestic manufacturing of critical energy infrastructure components, potentially improving power supply security.
  • New rules will apply 90 days after the act's enactment, affecting transformers produced and sold after that date.
What is the specific legal status?

The current status is Introduced.

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. Fry, Russell [R-SC-7].

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 2025-12-22.

CATEGORIES

Taxes Public Investments Economy