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Magnets Value Chain Support Act of 2026

6/25/2026, 8:09 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
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
3
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 9227

Primary Policy Focus

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

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