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United States · Bill · S

S. 3486 (118th)

Protecting American Advanced Manufacturing Act

referredUnited States· United States Congress· EN

Introduced

13 December 2023

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Protecting American Advanced Manufacturing Act This bill prohibits companies associated with governments of foreign adversaries from receiving the advanced manufacturing production tax credit. This includes companies that are owned, controlled by, operated by, or under the influence of a foreign adversary, any company whose equity interests are held by a foreign adversary (not less than 10%), or any company that is controlled by a foreign adversary through certain debt, lease, or manufacturing arrangements.

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Documents

3 official files

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Sources

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