CRS In Focus IF12809, Section 45X Advanced Manufacturing Production Credit and P.L. 119-21 Reforms

The Congressional Research Service summarizes the Section 45X Advanced Manufacturing Production Credit enacted by the Inflation Reduction Act of 2022 (P.L. 117-169) and reformed by the One Big Beautiful Bill Act (P.L. 119-21, 2025). Key reforms include termination of wind component credits after 2027, phaseout of critical minerals credits by 2034, addition of metallurgical coal as an eligible critical mineral, and...