Loading…
H.R. 3200119th CongressIn committeeLatest action May 5, 2025Decoded by AI · checked against the record
Official title: Critical Minerals and Manufacturing Support Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
HR 3200 raises the battery materials tax credit to 25% and requires up to 100% North American parts by 2029.
45-second read · 4 questions answered below
HR 3200 would increase the existing tax credit for producing certain battery materials from 10 percent to 25 percent, specifically for electrode active materials. The bill also expands which materials qualify, adding solid-state electrolytes, binders, and several chemical compounds. Changes would take effect January 1, 2026, with domestic content requirements rising through 2029.
The bill directly affects companies that manufacture battery components, mine or process minerals such as lithium, cobalt, and silicon, and produce electric vehicle or energy storage batteries. Chemical suppliers and materials processors further up the supply chain are also directly impacted.
The escalating North American content thresholds, reaching 80 percent for critical minerals after 2026 and 100 percent for battery parts by 2029, would pressure companies to restructure their supply chains. Battery components using materials processed by companies deemed a foreign security concern would be disqualified entirely from the credit.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Referred to the House Committee on Ways and Means.