U.S. House · 119th Congress · H.R. 1496
Rare Earth Magnet Security Act of 2025
To amend the Internal Revenue Code of 1986 to establish a credit for the domestic production of high-performance rare earth magnets, and for other purposes.
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- Sponsor
- Guy ReschenthalerR-PA-14
- Introduced
- February 21, 2025, in the House
- Issue areas
- Policy area
- Taxation (from the Congressional Research Service)
- Full text and actions
- congress.gov
Votes on this bill (0)
Neither the House nor the Senate has held a roll-call vote on this bill.
Cosponsors (29)
18 Democrats, 11 Republicans. Each member is shown with the party they were counted with on the day they signed on. How we count these
Original cosponsors
- Ken CalvertR-CA-41
- Kathy CastorD-FL-14
- Christopher R. DeluzioD-PA-17
- Chrissy HoulahanD-PA-6
- Richard HudsonR-NC-9
- Susie LeeD-NV-3
- Daniel MeuserR-PA-9
- Cory MillsR-FL-7
- John R. MoolenaarR-MI-2
- Jay ObernolteR-CA-23
- Jimmy PanettaD-CA-19
- Eric SwalwellD-CA-14
- Paul TonkoD-NY-20
Signed on later
- Raja KrishnamoorthiD-IL-8February 25, 2025
- David G. ValadaoR-CA-22February 25, 2025
- Marc A. VeaseyD-TX-33February 25, 2025
- Brad FinstadR-MN-1March 10, 2025
- Angie CraigD-MN-2March 11, 2025
- Kelly MorrisonD-MN-3May 14, 2025
- Betty McCollumD-MN-4May 19, 2025
- John GaramendiD-CA-8June 12, 2025
- Pete StauberR-MN-8June 23, 2025
- Sharice DavidsD-KS-3July 22, 2025
- Charles J. "Chuck" FleischmannR-TN-3November 7, 2025
- Josh GottheimerD-NJ-5November 17, 2025
- Steven HorsfordD-NV-4December 11, 2025
- André CarsonD-IN-7January 15, 2026
- Julie FedorchakR-ND-ALApril 21, 2026
- Jonathan L. JacksonD-IL-1April 21, 2026