Fusion Advanced Manufacturing Parity Act expands the advanced manufacturing production credit to include fusion energy components.

The Fusion Advanced Manufacturing Parity Act amends the Internal Revenue Code to expand the advanced manufacturing production credit to include fusion energy components. This includes components such as high-temperature superconducting magnets, fusion chambers, blanket systems, high-temperature superconductor tape or wire, high-energy lasers, and fusion heating systems. The credit phases out for components sold after December 31, 2031, with a 75% credit for 2032, 50% for 2033, 25% for 2034, and 0% thereafter. The amendments apply to components produced and sold after December 31, 2025.

Fusion Advanced Manufacturing Parity Act expands the advanced manufacturing production credit to include fusion energy components.

The Fusion Advanced Manufacturing Parity Act amends the Internal Revenue Code to expand the advanced manufacturing production credit to include fusion energy components. This includes components such as high-temperature superconducting magnets, fusion chambers, blanket systems, high-temperature superconductor tape or wire, high-energy lasers, and fusion heating systems. The credit phases out for components sold after December 31, 2031, with a 75% credit for 2032, 50% for 2033, 25% for 2034, and 0% thereafter. The amendments apply to components produced and sold after December 31, 2025.