Search Results: keywords:"production costs"

  • S. 448 — To amend the Internal Revenue Code of 1986 to expand the advanced manufacturing production credit to include distribution transformers.
    Status:Introduced in Senate
    Words:472

    S. 448, also known as the "Credit Incentives for Resilient Critical Utility Infrastructure and Transformers Act" or the "CIRCUIT Act," aims to modify the Internal Revenue Code of 1986. The bill seeks to expand the advanced manufacturing production credit by including...

    Simple Explanation

    In this bill, the government wants to give a special money reward to companies that make a specific type of electrical device called a "distribution transformer." This reward is like a 10% discount on how much it costs to make them, and it’s there to help encourage companies to make more of these important devices used to keep our electricity working well.

  • S. 581 — To amend the Agricultural Marketing Act of 1946 with respect to mandatory reporting of dairy products processing costs.
    Status:Introduced in Senate
    Words:511

    S. 581 seeks to amend the Agricultural Marketing Act of 1946 to require mandatory reporting of dairy products processing costs. It introduces a new requirement for manufacturers to report production costs and product yield information for all products processed in the same...

    Simple Explanation

    This bill wants people who turn milk into things like cheese and yogurt to tell the government how much it costs them to do it, so that the government can make sure farmers get a fair deal. Every two years, the government will share what they've learned, but some people think the rules for sharing might be too hard to follow and could reveal too much about the businesses.