NOVELIS INC. for NOVELIS INC.

Manufacturing MAN

Recycling policy: Support for the Recycling Infrastructure and Accountability Act (S. 1189, H.R. 6159). Recycling and Composting Accountability Act (S. 1194, H.R. 4040).

Contacted: White House Office; SENATE; Office of Management & Budget (OMB); Commerce, Dept of (DOC); HOUSE OF REPRESENTATIVES

Bills named: H.R. 6159 (119th), H.R. 4040 (119th), S. 1189 (119th), S. 1194 (119th)

Taxation/Internal Revenue Code TAX

One Big Beautiful Bill (H.R. 1) with emphasis on American Innovation and R&D Competitiveness Act (H.R. 2673, S. 866), which permanently repeals the R&D amortization provision. The American Investment in Manufacturing Act (H.R. 2788, S. 1232), which would permanently restore the pro-growth EBITDA interest limitation standard. Accelerate Long-Term Investment Growth Now Act (H.R. 2406, S. 1117), which would permanently extend full expensing. Section 45X Advanced Manufacturing Production Tax Credit.

Contacted: Office of Management & Budget (OMB); SENATE; Treasury, Dept of; Commerce, Dept of (DOC); White House Office; HOUSE OF REPRESENTATIVES

Bills named: H.R. 1 (119th), S. 866 (119th), H.R. 2406 (119th), H.R. 2788 (119th), S. 1117 (119th), H.R. 2673 (119th), S. 1232 (119th)

Trade (domestic/foreign) TRD

Trade policy: 232 tariffs, 301 tariffs, IEEPA tariffs, and trade policy related to aluminum scrap exports.

Contacted: Office of Management & Budget (OMB); White House Office; HOUSE OF REPRESENTATIVES; SENATE; U.S. Trade Representative (USTR); Commerce, Dept of (DOC)