Fusion Advanced Manufacturing Parity Act

This bill would add fusion energy components to the federal advanced manufacturing production tax credit. Makers of listed parts used in fusion energy machines, such as superconducting magnets, fusion chambers, high-energy lasers, and cooling system components, could claim a credit equal to 25 percent of the component's sales price. The credit would phase down for components sold from 2032 through 2034 and end for components sold after December 31, 2034. The bill would also add materials such as deuterium, helium-3, tritium, boron, and certain lithium, beryllium, tungsten, and vanadium forms to the list of critical minerals that qualify for the credit. The changes would apply to components produced and sold after December 31, 2025.

Full text and official record on Congress.gov

Sponsors

• Carol D. Miller Republican sponsor
• 13 cosponsors