SB1979Introduced in the Senate
Rare Earth Magnet Security Act of 2025
Introduced by Catherine Cortez Masto, District NV
What does this bill do?
Plain-English breakdown
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Official description
A bill 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.
Where it stands
Read twice and referred to the Committee on Finance.
June 5, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Read twice and referred to the Committee on Finance.
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