,i #aag? ,,congress #a/ ,session ,h4 ,r4 #dicb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,augu/ #c1 #bjba,mr4 ,/aub] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to provide an additional d$uction = ! co/ ( c]ta9 mat]ials pur*as$ directly f a dome/ic smelt] or processor4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,manufactur+ ,am]ica's ,m9]al ,security ,act4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,x is 9 ,am]ica's be/ int]e/ to ensure a robu/ & secure dome/ic supply *a9 = ,u4,s4 manufactur]s4 7#b7 ,! ,unit$ ,/ates increas+ reliance on =eign s\rces ( metals & m9]als ?reat5s our economic & national security :ile provid+ our geopolitical rivals1 su* z ,*9a & ,russia1 lev]age ov] our economy4 7#c7 ,inc5tiviz+ dome/ic m9]al & metal production & ! pur*ase ( ^! mat]ials w make our ,nation's supply *a9s m secure & resili5t4 #c4 ,additional d$uction = co/ ( c]ta9 mat]ials pur*as$ directly f a dome/ic smelt] or processor 7a7 ,9 g5]al ,"p ,,vi ( sub*apt] ,b ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] section #aha ! foll[+ new section3 #ahb4 ,additional d$uction = co/ ( c]ta9 mat]ials pur*as$ directly f a dome/ic smelt] or processor 7a7 ,9 g5]al ,!re %all be all[$ z a d$uction 79 addition to any o!r d$uction all[$ "u ?is *apt] = ! co/ ( specifi$ dome/ically produc$ mat]ials7 an am\nt equal to #aj p]c5t ( ! co/ ( specifi$ dome/ically produc$ mat]ials if su* mat]ials are acquir$ by ! taxpay] directly f ! dome/ic smelt] or processor ( su* mat]ial4 7b7 ,specifi$ dome/ically ,produc$ mat]ials ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m specifi$ dome/ically-produc$ mat]ials means any specifi$ mat]ial if su* mat]ial is-- 7,a7 9 ! case ( a m9e product1 smelt$ or process$ 9 ! ,unit$ ,/ates by direct smelt+ ( ore2 7,b7 9 ! case ( a m9e tail+s product1 b5eficiat$ 9 ! ,unit$ ,/ates2 7,c7 9 ! case ( metal or metal comp\nd production-- 7i7 reprocess$ f slags or residues 9 ! ,unit$ ,/ates2 or 7ii7 melt$1 sputt]$1 or o!rwise produc$ 9 ! ,unit$ ,/ates2 7,d7 9 ! case ( alloy production1 produc$ by melt+ toge!r metals 9 ! ,unit$ ,/ates to =m an alloy2 & 7,e7 9 ! case ( magnet production1 s9t]$ or bond$ & magnetiz$ 9 ! ,unit$ ,/ates4 7#b7 ,specifi$ mat]ial 7,a7 ,9 g5]al ,! t]m specifi$ mat]ial means m9]als t are necess>y-- 7i7 = ! en]gy infra/ructure ( ! ,unit$ ,/ates1 includ+-- 7,i7 pipel9es2 7,,ii7 ref9+ capacity2 7,,iii7 electrical p[] g5]ation & transmission2 & 7,,iv7 r5ewable en]gy production2 7ii7 = community resili5cy1 coa/al re/oration1 & ecological su/a9ability = ! coa/al ,unit$ ,/ates2 7iii7 to support dome/ic manufactur+1 agriculture1 h\s+1 telecommunications1 heal?c>e1 & transportation infra/ructure2 or 7iv7 = ! economic security (1 & balance ( trade 91 ! ,unit$ ,/ates4 7,b7 ,mat]ials ne$$ = national def5se ,! t]m specifi$ mat]ial %all include all ,mat]ials ( ,int]e/ li/$ by ! ,def5se ,logi/ics ,ag5cy4 7,c7 ,exceptions ,! t]m specifi$ mat]ial %all n include-- 7i7 fuel m9]als1 includ+ oil1 natural gas1 or any o!r fossil fuels2 7ii7 wat]1 ice1 or sn[2 or 7iii7 s&1 /one1 gravel1 pumice1 pumicite1 c9d]s1 or clay4 7c7 ,dome/ic smelt] or processor ,= purposes ( ?is section1 ! t]m dome/ic smelt] or processor means1 ) respect to any specifi$ mat]ial1 ! p]son p]=m+ ! activity describ$ 9 subsection 7b77#a7 ) respect to su* mat]ial4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = "p ,,vi ( sub*apt] ,b ( *apt] #a ( su* ,code is am5d$ by ins]t+ aft] ! item relat+ to section #aha ! foll[+ new item3 ,sec4 #ahb4 ,additional d$uction = co/ ( c]ta9 mat]ials pur*as$ directly f a dome/ic smelt] or processor4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4