The All American Metal Act allows companies to receive tax credits for producing copper from recycled materials. This encourages recycling and supports the manufacturing industry.
If you work in the recycling or copper manufacturing industry, this bill could create more job opportunities.
Who this affects
Recycled copper companies · Employees
What changes is this bill making?
1This bill adds recycled copper to the list of materials eligible for a tax credit.
2The tax credit encourages companies to produce copper from recycled materials.
3Copper must be purified to at least 99.9 percent to qualify for the credit.
4The changes will take effect for sales starting in 2025.
