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BASIC ACT

H.R. 3204 Rep. Claudia Tenney (R-NY-24) In committee
Bill text PDF
  1. Introduced May 5
  2. Committee May 5
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, May 5, 2025Next: House vote
541d ago May 5, 2025: Referred to the House Committee on Ways and Means.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
3companies, 9 filings
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Member trades
15trades in the last 90 days
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Companies lobbying on this bill

3 companies
Companies by sector
Technology & Software 3
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Summary

This bill increases the advanced manufacturing investment credit under the Internal Revenue Code of 1986. Sec. 2, Increase of advanced manufacturing investment credit: The credit rate is raised from 25 percent to 35 percent. The credit period is extended from December 31, 2026 to December 31, 2030. These changes apply to property placed in service after the date the bill becomes law.

Summary of the bill text as introduced in House (May 5, 2025), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.