Port Crane Tax Credit Act of 2025

Sponsor: Mike Ezell (Republican-MS)July 22, 2025

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the House Committee on Ways and Means.

Creates tax credits to boost U.S. production of port cranes and their parts.

This bill would establish new tax credits to encourage companies to make port cranes and their components in the United States. The bill would offer credits for investing in U.S. manufacturing facilities and for selling domestically produced cranes, benefiting companies that build these large machines for ports.

What Would Change

If this bill becomes law, companies would get a 25 percent tax credit for investing in U.S. port crane manufacturing facilities and a production tax credit of 40 percent or 60 percent of the sale price for domestically made port cranes.

Key Provisions

Creates a new tax credit for companies that invest in facilities to make port cranes or their parts in the U.S.
Gives companies a tax credit equal to 25 percent of their qualified investment in these facilities.
Creates a new tax credit for companies that produce and sell port cranes made in the U.S.
Provides a tax credit of 40 percent of the sale price for U.S.-made port cranes.
Boosts the production tax credit to 60 percent of the sale price if 90 percent of the crane's parts are also made in the U.S.
Allows companies to receive these tax credits as direct payments or sell them to other businesses.

View on Congress.gov

HR 4589 · 119th Congress · July 22, 2025 · AI Summary by gemini-2.5-flash · 9/10

Port Crane Tax Credit Act of 2025

What Would Change

Key Provisions

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