Search Results: keywords:"critical supply chains"

  • H. R. 1328 — To amend the Internal Revenue Code of 1986 to establish the critical supply chains reshoring investment tax credit.
    Status:Introduced in House
    Words:1,810

    H.R. 1328 aims to amend the Internal Revenue Code of 1986 by introducing a tax credit to encourage the reshoring of critical supply chains back to the United States. This bill provides a 40% tax credit for qualifying investments related to specific facilities involved in the production of...

    Simple Explanation

    H.R. 1328 is about giving businesses money back through a special tax deal if they bring factories back to the USA to make important stuff like medicines and computer parts. It wants companies to do this by making it cheaper with a 40% discount on the money they spend to move these factories here.

  • H. R. 8504 — To amend the Internal Revenue Code of 1986 to establish the critical supply chains reshoring investment tax credit.
    Status:Introduced in House
    Words:990

    The bill H. R. 8504 proposes an amendment to the Internal Revenue Code of 1986 to introduce a tax credit aimed at encouraging the reshoring of critical supply chain facilities back to the United States. This tax credit would cover 40% of the investment made in property that...

    Simple Explanation

    The bill wants to give a big tax break to companies that build or improve factories in certain parts of the U.S., like Puerto Rico, to make important things, such as medicines and computer chips, so that these items are made closer to home.

  • H. R. 6571 — An Act To establish a critical supply chain resiliency and crisis response program in the Department of Commerce, and to secure American leadership in deploying emerging technologies, and for other purposes.
    Status:Referred in Senate
    Words:7,327

    H. R. 6571, also known as the “Promoting Resilient Supply Chains Act of 2023,” aims to enhance the resilience and innovation of critical supply chains in the United States. It establishes a program within the Department of Commerce to monitor and model these supply chains, identify...

    Simple Explanation

    H. R. 6571 is a plan to help make sure important things like how we get goods and new inventions, like robots, work better in the U.S. by having a special group keep an eye on how everything is going and make sure everyone works together nicely.

  • S. 257 — To improve the resilience of critical supply chains, and for other purposes.
    Status:Introduced in Senate
    Words:5,837

    The Promoting Resilient Supply Chains Act of 2025 aims to strengthen critical supply chains in the U.S. to enhance national security and economic stability. It grants the Assistant Secretary of Commerce additional responsibilities, including assessing and improving critical...

    Simple Explanation

    The Promoting Resilient Supply Chains Act of 2025 wants to make sure that America has a strong and safe way to get important stuff it needs, like goods and technologies, by letting a special helper in a big government office work with other people to figure out how to keep those things coming smoothly, even when there are problems. The plan might last for ten years but doesn't have extra money to make it happen, and it also tries to keep some special information private to protect these important needs.

  • H. R. 2444 — To establish a critical supply chain resiliency and crisis response program in the Department of Commerce, and to secure American leadership in deploying emerging technologies, and for other purposes.
    Status:Reported in House
    Words:5,877

    H.R. 2444, also known as the "Promoting Resilient Supply Chains Act of 2025," aims to strengthen the United States' supply chain resilience and ensure leadership in emerging technologies. This bill instructs the Department of Commerce to develop a program that enhances the...

    Simple Explanation

    H.R. 2444 is a plan to help the United States make sure its stuff, like toys or gadgets, can be made and moved around better and without problems. It wants to do this by bringing more work to the US and working with friendly countries to make sure they have the things needed to build and fix stuff here.