ACC - American Chemistry Council

07/01/2025 | Press release | Distributed by Public on 07/01/2025 15:27

Key Tax Provisions in H.R. 1 Will Unleash American Manufacturing

WASHINGTON (July 1, 2025) - The American Chemistry Council (ACC) today released the following statement regarding Senate passage of H.R. 1. In addition, ACC joined more than 300 organizations, led by the National Association of Manufacturers, in a letter to Senate Majority Leader Thune and House Speaker Johnson highlighting key tax priorities and urging Congress to pass H.R. 1. The following can be attributed to Chris Jahn, ACC President and CEO:

"We applaud the Senate for passing this critical legislation earlier today. H.R. 1 extends the pro-growth policies from the Tax Cuts and Jobs Act and would enable manufacturers across the country to thrive. Increasing domestic manufacturing investment and making America a manufacturing superpower starts with smart tax policy that provides more certainty for all manufacturers. The House should swiftly pass this important legislation and send it to President Trump's desk. Our nation's economic success and competitive edge depend on growing U.S. chemical production and manufacturing more in America."

Read the letter here.

American Chemistry Council

The American Chemistry Council's mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing. To achieve this, we: Champion science-based policy solutions across all levels of government; Drive continuous performance improvement to protect employees and communities through Responsible Care®; Foster the development of sustainability practices throughout ACC member companies; and Communicate authentically with communities about challenges and solutions for a safer, healthier and more sustainable way of life. Our vision is a world made better by chemistry, where people live happier, healthier, and more prosperous lives, safely and sustainably-for generations to come.

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ACC - American Chemistry Council published this content on July 01, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 01, 2025 at 21:27 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]