CIRCUIT Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4128 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4128 To amend the Internal Revenue Code of 1986 to expand the advanced manufacturing production credit to include distribution transformers. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 25, 2025 Mr. Fry (for himself and Ms. Davids of Kansas) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to expand the advanced manufacturing production credit to include distribution transformers. 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 ``Credit Incentives for Resilient Critical Utility Infrastructure and Transformers Act'' or the ``CIRCUIT Act''. SEC. 2. EXPANSION OF ADVANCED MANUFACTURING PRODUCTION CREDIT TO INCLUDE DISTRIBUTION TRANSFORMERS. (a) In General.--Section 45X of the Internal Revenue Code of 1986 is amended-- (1) in subsection (b)(1)-- (A) in subparagraph (L)(ii), by striking ``and'' at the end, (B) in subparagraph (M), by striking the period at the end and inserting ``, and'', and (C) by adding at the end the following new subparagraph: ``(N) in the case of any distribution transformer, an amount equal to 10 percent of the costs incurred by the taxpayer with respect to production of such transformer.'', and (2) in subsection (c)-- (A) in paragraph (1)(A)-- (i) in clause (iv), by striking ``and'' at the end, (ii) in clause (v), by striking the period at the end and inserting ``, and'', and (iii) by adding at the end the following new clause: ``(vi) any distribution transformer.'', and (B) by adding at the end the following new paragraph: ``(7) Distribution transformer.--The