Protecting Circuit Boards and Substrates Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3597 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3597 To provide incentives for the domestic production of printed circuit boards, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 23, 2025 Mr. Moore of Utah (for himself and Mr. Krishnamoorthi) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Science, Space, and Technology, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To provide incentives for the domestic production of printed circuit boards, and for other purposes. 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 ``Protecting Circuit Boards and Substrates Act''. SEC. 2. TAX CREDIT FOR THE PURCHASE OR ACQUISITION OF PRINTED CIRCUIT BOARDS & INTEGRATED CIRCUIT SUBSTRATES MANUFACTURED IN THE UNITED STATES. (a) In General.--Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after section 45Z the following new section: ``SEC. 45AA. CREDIT FOR THE PURCHASE OR ACQUISITION OF PRINTED CIRCUIT BOARDS FABRICATED IN THE UNITED STATES. ``(a) In General.--For the purposes of section 38, the credit determined under this section for the taxable year is an amount equal to 25 percent of the cost paid or incurred by the taxpayer for the purchase or acquisition of printed circuit boards and Integrated Circuit Substrates fabricated in the United States for the taxable year. ``(b) Definitions.--For the purposes of this section-- `