,,ii  #aai? ,,congress  #b;d ,session   
,s4 #defi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #ai1 #bjbf,mr4    
,gallego 7= himself & ,mr4 ,ju/ice7     
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to provide        
inc5tives = ! dome/ic production ( pr9t$
 circuit bo>ds4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,protect+ ,circuit 
,bo>ds & ,sub/rates ,act4  #b4 ,cr$it = 
pur*ase or acquisition ( pr9t$ circuit  
bo>ds manufactur$ 9 ! ,unit$ ,/ates  7a7
 ,9 g5]al ,subp>t ,d ( "p ,,iv (        
sub*apt] ,a ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new section3          
#de;,,bb4 ,cr$it = pur*ase or           
acquisition ( pr9t$ circuit bo>ds       
manufactur$ 9 ! ,unit$ ,/ates  7a7 ,9   
g5]al ,= purposes ( section #ch1 ! pr9t$
 circuit bo>d cr$it = any taxable ye> is
 an am\nt equal to #be p]c5t ( ! am\nt  
paid or incurr$ by ! taxpay] dur+ su*   

taxable ye> = ! pur*ase or acquisition (
 pr9t$ circuit bo>ds :i* are fabricat$ 9
 ! ,unit$ ,/ates4  7b7 ,def9itions ,9   
?is section-- 7#a7 ,fabricat$ ,! t]m    
fabricat$ means ! use ( raw mat]ials to 
manufacture a connect$ composite        
/ructure featur+ electrically conductive
 & non-conductive elem5ts by            
subtractive1 additive1 or o!r te*nique4 
7#b7 ,pr9t$ circuit bo>d ,! t]m pr9t$   
circuit bo>d means-- 7,a7 a composite   
/ructure ( lay]$ electrically conductive
 & non-conductive mat]ials t provides-- 
7i7 int]connections )-- 7,i7 o!r        
micro-electronics1 or  7,,ii7 o!r       
electronics sy/ems or subsy/ems1 &  7ii7
 electrical connections betwe5 active & 
passive compon5ts1 &  7,b7 any compon5ts
 emb$d$ 9 ! composite /ructure describ$ 
9 subp>agraph 7,a74  7c7 ,regulations & 
guidance ,! ,secret>y %all1 9           
consultation ) ! ,secret>y ( ,comm]ce & 
! ,secret>y ( ,labor1 promulgate su*    
regulations & guidance z may be necess>y
 or appropriate to c>ry out ?is section4

  4  7b7 ,cr$it ,to be "p ( g5]al       
bus9ess cr$it ,subsection 7b7 ( section 
#ch ( su* ,code is am5d$ by /rik+ plus  
at ! end ( p>agraph 7#dj71 by /rik+ !   
p]iod at ! end ( p>agraph 7#da7 & ins]t+
 1 plus1 & by add+ at ! end ! foll[+ new
 p>agraph3  7#db7 ! pr9t$ circuit bo>d  
cr$it det]m9$ "u section #de;,,bb7a74  4
  7c7 ,cl]ical am5dm5t ,! table (       
sections = subp>t ,d ( "p ,,iv (        
sub*apt] ,a ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new item3  ,sec4      
#de;,,bb4 ,cr$it = pur*ase or           
acquisition ( pr9t$ circuit bo>ds       
manufactur$ 9 ! ,unit$ ,/ates4  4  7d7  
,effective dates ,! am5dm5ts made by ?is
 section %all apply to am\nts paid or   
incurr$ aft] ,decemb] #ca1 #bjbe4