This bill, called the All American Metal Act, changes one part of the tax code (section 45X(c)(6) of the Internal Revenue Code). It adds copper as an eligible material for the advanced manufacturing production credit when the copper is both produced from recycled materials and purified to at least 99.9 percent copper by mass. The bill also shifts the numbering of some existing subparagraphs to make room for the new copper provision. The change would apply to components produced and sold in taxable years beginning after December 31, 2024.
If you make, sell, or buy components that use recycled copper purified to 99.9 percent or higher, those components would be included under the existing advanced manufacturing production credit once the effective date applies. The bill text does not change how the credit is claimed or the credit amount; it only adds recycled, high-purity copper to the list of eligible materials.
No publicly available information on costs or revenue effects is included in the bill text provided.
No publicly available information.
No publicly available information.