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Main Subject: Taxation

Made in the U.S.A. Act

This bill allows certain individual taxpayers whose adjusted gross income does not exceed $125,000 ($250,000 in the case of a joint return) a tax credit for 30% of their expenditures, not exceeding $2,500, for products made in the United States. An expenditure for any product may not exceed $500 and excludes firearms, ammunition, alcohol, tobacco, vehicles, gasoline, luxury goods, food, or non depreciable real property. The expenditure limit is increased to $1,000 for energy star or climate resilience products.

House floor actions Actions

IntroReferral
Feb. 26 2024	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
Feb. 26 2024	Introduced in House Introduced in House

House bill HR7458-118

Made in the U.S.A. Act

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