H.R. 3204: BASIC ACT

H.R. 3204 is a federal bill in the 119th Congress. Currently, companies building semiconductor manufacturing facilities receive a tax credit equal to 25 percent of their investment, and this credit is scheduled to expire at the end of 2026. Under this bill, that tax credit increases to 35 percent of the… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.