Ending tax breaks for companies that offshore clean energy manufacturing will encourage businesses to invest in U.S. production instead. Strengthening domestic supply chains for critical materials like lithium and rare earth metals will ensure the U.S. maintains leadership in clean energy technology.
Support ending tax breaks for companies that offshore clean energy manufacturing and strengthening domestic clean-energy supply chains.
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unverified · Source version 67535 · locator unknown
Short Title No Tax Breaks for Outsourcing Act Full Title To amend the Internal Revenue Code of 1986 to provide for current year inclusion of net CFC tested income, and for other purposes. Sponsors Lloyd Doggett(TX) Cosponsors Alma S. Adams (NC); Yassamin Ansari (AZ); Becca Balint (VT); Joyce Beatty (OH); Sanford D. Bishop, Jr. (GA); Suzanne Bonamici (OR); Brendan F. Boyle (PA); Shontel M. Brown (OH); Julia Brownley (CA); Nikki Budzinski (IL); Andre Carson (IN);
unverified · Source version 67537 · locator unknown
For years, this Committee has led the debate on how to use market access policies to safeguard national security and counter the Chinese Communist Party’s dominance across critical sectors like telecommunications, drones, autos, robotics, solar, shipbuilding, batteries, and critical minerals. These are powerful tools when used correctly. But today I want to press on a question I don't think we ask often enough: when we restrict a Chinese product or company from the U.S. market, how do we ensure American industry and workers can fill the gap?
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