HR 5441119th CongressIn Committee

Fusion Advanced Manufacturing Parity Act

Introduced: Sep 17, 2025

Sponsor: Rep. Miller, Carol D. [R-WV-1] (R-West Virginia)

Economy & TaxesTechnology & Innovation

Standard Summary

Comprehensive overview in 1-2 paragraphs

The Fusion Advanced Manufacturing Parity Act amends the Internal Revenue Code to expand the advanced manufacturing production credit (Section 45X) to include fusion energy components. The bill provides a tax credit equal to 25% of the sales price for qualifying fusion energy components manufactured and sold in the United States. This credit aims to incentivize domestic production of fusion energy technology by placing it on par with other clean energy manufacturing incentives. The credit would be available for components sold through 2031, with a gradual phase-out from 2032-2034 (reducing from 75% to 0%), and complete elimination after December 31, 2034.

Key Points

1Establishes a 25% tax credit based on sales price for fusion energy components used in fusion energy machines designed for electricity or process heat production
2Defines 20 specific categories of fusion energy components eligible for the credit, including high-temperature superconducting magnets, fusion chambers, blanket systems, high-energy lasers, and various supporting systems
3Implements a phase-out schedule beginning in 2032: 75% credit in 2032, 50% in 2033, 25% in 2034, and 0% after 2034
4Expands the list of eligible critical minerals to include materials essential for fusion energy production, such as deuterium, tritium, helium-3, and various forms of lithium, beryllium, tungsten, and vanadium
5Takes effect for components produced and sold after December 31, 2025

Impact Areas

Fusion Energy Industry: Manufacturers of fusion energy components would receive significant tax incentives to establish or expand domestic production facilitiesClean Energy Development: Supports the emerging fusion energy sector as part of the broader clean energy transition and carbon-free electricity generation goalsAdvanced Manufacturing: Encourages domestic production of highly specialized, technologically advanced components including superconductors, high-voltage systems, and precision materialsFederal Tax Revenue: Creates new tax expenditures through manufacturing credits, with costs concentrated in the 2026-2034 period due to the phase-out structureSupply Chain Development: Promotes domestic supply chains for critical fusion materials and components, potentially reducing dependence on foreign suppliers

Generated by claude-sonnet-4-5-20250929 on Oct 2, 2025