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119th Congress

H.R. 1496

Rare Earth Magnet Security Act of 2025

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
Guy Reschenthaler(R-PA)
Introduced
Feb 21, 2025
Policy area
Taxation
Committees
House Committee on Ways and Means
Official text
Introduced in House · Congress.gov page

Cosponsors (29)

Original cosponsors (13)

Added later (16)

Summary

No Congressional Research Service summary yet. CRS usually publishes one a few weeks after a bill is introduced.

Official title: To amend the Internal Revenue Code of 1986 to establish a credit for the domestic production of high-performance rare earth magnets, and for other purposes.

Latest action(Feb 21, 2025): Referred to the House Committee on Ways and Means.

Read the official text

Roll-call votes

No recorded votes on this bill.

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