HR 1496 · 119th Congress 2025–2027

Rare Earth Magnet Security Act of 2025

Latest action · Feb 21, 2025 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedFeb 21, 2025
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Cosponsors 29

Members who signed on, in the order they did. Signatures ran from Feb 21, 2025 to Apr 21, 2026; 13 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-PAChrissy HoulahanOriginalFeb 21, 2025
D-PAChristopher R. DeluzioOriginalFeb 21, 2025
R-FLCory MillsOriginalFeb 21, 2025
R-PADaniel MeuserOriginalFeb 21, 2025
D-CAEric SwalwellOriginalFeb 21, 2025
R-CAJay ObernolteOriginalFeb 21, 2025
D-CAJimmy PanettaOriginalFeb 21, 2025
R-MIJohn R. MoolenaarOriginalFeb 21, 2025
D-FLKathy CastorOriginalFeb 21, 2025
R-CAKen CalvertOriginalFeb 21, 2025
D-NYPaul TonkoOriginalFeb 21, 2025
R-NCRichard HudsonOriginalFeb 21, 2025
D-NVSusie LeeOriginalFeb 21, 2025
R-CADavid G. ValadaoFeb 25, 2025
D-TXMarc A. VeaseyFeb 25, 2025
D-ILRaja KrishnamoorthiFeb 25, 2025
R-MNBrad FinstadMar 10, 2025
D-MNAngie CraigMar 11, 2025
D-MNKelly MorrisonMay 14, 2025
D-MNBetty McCollumMay 19, 2025
D-CAJohn GaramendiJun 12, 2025
R-MNPete StauberJun 23, 2025
D-KSSharice DavidsJul 22, 2025
R-TNCharles J. "Chuck" FleischmannNov 7, 2025
D-NJJosh GottheimerNov 17, 2025
D-NVSteven HorsfordDec 11, 2025
D-INAndré CarsonJan 15, 2026
D-ILJonathan L. JacksonApr 21, 2026
R-NDJulie FedorchakApr 21, 2026

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseWays and Means Committee
Referred Feb 21, 2025

Actions 2

Everything that happened, newest first.

  1. Feb 21, 2025Introduced in House
  2. Feb 21, 2025Referred to the House Committee on Ways and Means.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Article 1 Section 8 of the Constitution.

The sponsor’s statement, as printed in the Congressional Record, vol. 171, no. 35, February 21, 2025, page H730.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 1979Rare Earth Magnet Security Act of 2025Related billJun 5, 2025

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
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.
Short Title(s) as Introduced
Rare Earth Magnet Security Act of 2025

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Feb 21, 2025Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.