Fusion Advanced Manufacturing Parity Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3088 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 3088 To amend the Internal Revenue Code of 1986 to expand the advanced manufacturing production credit to include fusion energy components. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES October 30, 2025 Mr. Curtis (for himself and Ms. Cantwell) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to expand the advanced manufacturing production credit to include fusion energy components. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Fusion Advanced Manufacturing Parity Act''. SEC. 2. INCLUSION OF FUSION ENERGY COMPONENTS IN ADVANCED MANUFACTURING PRODUCTION CREDIT. (a) In General.--Section 45X of the Internal Revenue Code of 1986, as amended by section 70514 of Public Law 119-21, is amended-- (1) in subsection (b)-- (A) in paragraph (1)-- (i) in subparagraph (L)(ii), by striking ``and'' at the end, (ii) by redesignating subparagraph (M) as subparagraph (N), and (iii) by inserting after subparagraph (L) the following new subparagraph: ``(M) in the case of a fusion energy component, an amount equal to 25 percent of the sales price of such component, and'', and (B) in paragraph (3)-- (i) in subparagraph (A), by striking ``and (D)'' and inserting ``, (D), and (E)'', (ii) by redesignating subparagraphs (D) and (E) as subparagraphs (E) and (F), respectively, and (iii) by inserting after subparagraph (C) the following new subparagraph: ``(D) Phase out for fusion energy components.-- ``(i) In general.--In the case of any fusion energy component sold after December 31, 2031, the amount d