Port Crane Tax Credit Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 5
- Latest action
- Jul 22, 2025
What it does
The Port Crane Tax Credit Act of 2025 would create two new federal tax credits to encourage domestic production of port cranes: a 25% investment credit for qualified property used in U.S.-based port crane manufacturing facilities and a production credit of 40% or 60% of the sale price for domestically produced port cranes, with the higher rate applying if 90% of component materials are U.S.-made. The credits would apply to property placed in service or cranes produced after enactment, with the investment credit phasing out after 2035 and the production credit phasing out completely after 2036. The bill affects taxpayers investing in or manufacturing port cranes in the United States,…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.