Magnets Value Chain Support Act of 2026

Hozzl · 2026-06-29T06:04:34Z

Explore the details of House Bill 9227 Magnets Value Chain Support Act of 2026 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

6/29/2026, 6:04 AM

Summary of Bill HR 9227

The bill H.R. 9227 of the 119th Congress aims to amend the Internal Revenue Code of 1986 to promote the production and utilization of permanent magnets within the United States. The specific provisions and directives within this bill, as well as any additional purposes, are not provided in the context object.

Current Status of Bill HR 9227

Bill HR 9227 is currently in the status of Bill Introduced since June 9, 2026. Bill HR 9227 was introduced during Congress 119 and was introduced to the House on June 9, 2026. Bill HR 9227's most recent activity was Referred to the House Committee on Ways and Means. as of June 9, 2026

Bipartisan Support of Bill HR 9227

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 9227

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 9227

To amend the Internal Revenue Code of 1986 to incentivize the domestic production and use of permanent magnets, and for other purposes.

Comments

David Schwartz

1,002

1 month ago

So, this new bill about magnets is supposed to help out the value chain or something? Sounds good to me, but how will it actually impact us in the short term? #HRBill9227 #MagnetsValueChainSupportAct2026