CIRCUIT Act has not moved since its introduction on Feb 6, 2025, with one cosponsor, a Democrat
Written by the Congressional Research Service [2]. 133 words.
Credit Incentives for Resilient Critical Utility Infrastructure and Transformers Act or the CIRCUIT Act This bill expands the advanced manufacturing production tax credit to include up to 10% of the cost to produce transformers that have an input voltage of 34.5 kilovolts or less, have an output voltage of 600 volts or less, and are rated for operation at a frequency of 60 hertz (i.e., distribution transformers). As background, the advanced manufacturing production tax credit (part of the general business tax credit) allows a tax credit for certain component parts (e.g., battery cells, solar modules, and inverters) and critical minerals (e.g., aluminum, lithium, and nickel) that are produced in the United States or a U.S. possession and sold generally to an unrelated third party for use in clean energy equipment. (Some exceptions apply.)
- Committees
- Senate Finance Committee
- Policy area
- Taxation: 20 of 6,214 bills became law, 113th–118th (0.3%)
- Sponsor
- 15 of 292 bills enacted since 2013
- Text versions
- 1: introduced in senate · 243 words
- Latest action
- Feb 6, 2025: Read twice and referred to the Committee on Finance.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 119th H.R. 4128 CIRCUIT Act R · Introduced