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Rare Earth Magnet Security Act of 2025
Legislative Progress
Introduced
February 21, 2025
Latest Action
February 21, 2025
Primary Sponsor
Guy ReschenthalerRepublican(PA)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 10,940 other HR bills in the 119th — cohort avg 30d
No CRS summary is available for this bill yet. The source title, actions, sponsors, and text versions below come from Congress.gov.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (9)
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2026 · second_quarter · Natural Resources
H.R. 1496, 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. S. 429, to enhance the economic and national security of the United States by securing a reliable supply of critical minerals and rare earth elements through trade agreements and strategic partnerships. H.R. 4772, to amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths and scandium.
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Taxation/Internal Revenue Code
Issues pertaining to tax policy. H.R. 1496, Rare Earth Magnet Security Act of 2025, all provisions.
Client expense: $230,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES
2026 · second_quarter · Trade (domestic/foreign)
Issues pertaining to supply chain development. H.R. 1496, Rare Earth Magnet Security Act of 2025, all provisions. H.R. 7037, Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act, all provisions.
Client expense: $230,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, U.S. Trade Representative (USTR), White House Office
2026 · second_quarter · Defense
Rare Earth Magnetic Security Act (HR 1496), FY 2026 Department of Defense Appropriations; FY 2026 National Defense Authorization Act.
Client expense: $100,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2026 · second_quarter · Taxation/Internal Revenue Code
Rare Earth Magnetic Security Act (HR 1496), Rare Earth Magnet Manufacturing Production Tax Credit.
Client expense: $100,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · first_quarter · Natural Resources
H.R. 1496, 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. S. 429, to enhance the economic and national security of the United States by securing a reliable supply of critical minerals and rare earth elements through trade agreements and strategic partnerships. H.R. 4772, to amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths and scandium.
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · first_quarter · Taxation/Internal Revenue Code
Rare Earth Magnetic Security Act (HR 1496), Rare Earth Magnet Manufacturing Production Tax Credit.
Client expense: $100,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2026 · first_quarter · Defense
Rare Earth Magnetic Security Act (HR 1496), FY 2026 Department of Defense Appropriations; FY 2026 National Defense Authorization Act.
Client expense: $100,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2026 · first_quarter · Trade (domestic/foreign)
Issues pertaining to supply chain development. H.R. 1496, Rare Earth Magnet Security Act of 2025, all provisions. H.R. 7037, Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act, all provisions.
Client expense: $90,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, U.S. Trade Representative (USTR), White House Office
2026 · first_quarter · Taxation/Internal Revenue Code
Issues pertaining to tax policy. H.R. 1496, Rare Earth Magnet Security Act of 2025, all provisions.
Client expense: $90,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES
2025 · fourth_quarter · Natural Resources
H.R. 1496, 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. S. 429, to enhance the economic and national security of the United States by securing a reliable supply of critical minerals and rare earth elements through trade agreements and strategic partnerships. H.R. 4772, to amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths and scandium.
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · fourth_quarter · Taxation/Internal Revenue Code
Production tax credits for critical minerals generally, and specifically for rare earth magnets: H.R.1496, Rare Earth Magnet Security Act of 2025
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · fourth_quarter · Defense
Rare Earth Magnetic Security Act (HR 1496), FY 2026 Department of Defense Appropriations; FY 2026 National Defense Authorization Act.
Client expense: $80,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2025 · fourth_quarter · Taxation/Internal Revenue Code
Rare Earth Magnetic Security Act (HR 1496), Rare Earth Magnet Manufacturing Production Tax Credit.
Client expense: $80,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Natural Resources
H.R. 1496, 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. S. 429, to enhance the economic and national security of the United States by securing a reliable supply of critical minerals and rare earth elements through trade agreements and strategic partnerships. H.R. 4772, to amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths and scandium.
Client expense: Not reported · Firm income: $20,000
Government targets: Commerce, Dept of (DOC), Defense Logistics Agency, Defense, Dept of (DOD), Energy, Dept of, Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Taxation/Internal Revenue Code
S. 1979 / H.R. 1496, Rare Earth Magnet Security Act, All Titles Provisions of Inflation Reduction Act Sec. 30D, 45X, and 45Q Corporate Alternative Minimum Tax H.R. 1 One Big Beautiful Bill Act, Title 7 Tax Cuts and Jobs Act Extenders
Client expense: $649,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2025 · third_quarter · Taxation/Internal Revenue Code
Production tax credits for critical minerals generally, and specifically for rare earth magnets: H.R.1496, Rare Earth Magnet Security Act of 2025
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Taxation/Internal Revenue Code
HR 1496 Rare Earth Magnet Security Act of 2025 IRA Energy credits H.R.1 implementation
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · third_quarter · Defense
Rare Earth Magnetic Security Act (HR 1496), FY 2026 Department of Defense Appropriations; FY 2026 National Defense Authorization Act.
Client expense: $80,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Taxation/Internal Revenue Code
Rare Earth Magnetic Security Act (HR 1496), Rare Earth Magnet Manufacturing Production Tax Credit.
Client expense: $80,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Natural Resources
H.R. 1496, 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. S. 429, to enhance the economic and national security of the United States by securing a reliable supply of critical minerals and rare earth elements through trade agreements and strategic partnerships. H.R. 4772, to amend the Internal Revenue Code of 1986 to adjust the percentage depletion rate for certain rare earths and scandium.
Client expense: Not reported · Firm income: $20,000
Government targets: Commerce, Dept of (DOC), Defense Logistics Agency, Defense, Dept of (DOD), Energy, Dept of, Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Energy/Nuclear
H.R. 1 - One Big Beautiful Bill Act; H.R. 3838, the Streamlining Procurement for Effective Execution and Delivery and National Defense Authorization Act for Fiscal Year 2026; H.R.1496 - Rare Earth Magnet Security Act of 2025; H.R.2969 - Finding ORE Act; Unearth Americas Future Act (bill number unassigned); National Critical Minerals Council Act (S.5030 in the 118th Congress); S544 - Mining Regulatory Clarity Act; S.789 - Critical Minerals Security Act of 2025.
Client expense: $170,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Energy, Dept of, HOUSE OF REPRESENTATIVES, Natl Security Council (NSC), SENATE, White House Office
2025 · second_quarter · Natural Resources
H.R. 1 - One Big Beautiful Bill Act; H.R.1496 - Rare Earth Magnet Security Act of 2025; H.R.2969 - Finding ORE Act; Unearth Americas Future Act (bill number unassigned); National Critical Minerals Council Act (S.5030 in the 118th Congress); S544 - Mining Regulatory Clarity Act; S.789 - Critical Minerals Security Act of 2025.
Client expense: $170,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Energy, Dept of, HOUSE OF REPRESENTATIVES, Natl Security Council (NSC), SENATE, White House Office
2025 · second_quarter · Defense
Rare Earth Magnetic Security Act (HR 1496), FY 2026 Department of Defense Appropriations; FY 2026 National Defense Authorization Act.
Client expense: $80,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
Rare Earth Magnetic Security Act (HR 1496), Rare Earth Magnet Manufacturing Production Tax Credit.
Client expense: $80,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
HR 1496 Rare Earth Magnet Security Act of 2025 IRA Energy credits H.R.1 One Big Beautiful Bill
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
Production tax credits for critical minerals generally, and specifically for rare earth magnets: H.R.1496, Rare Earth Magnet Security Act of 2025
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Natural Resources
H.R. 1496, 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. S. 429, to enhance the economic and national security of the United States by securing a reliable supply of critical minerals and rare earth elements through trade agreements and strategic partnerships.
Client expense: Not reported · Firm income: $20,000
Government targets: Commerce, Dept of (DOC), Defense Logistics Agency, Defense, Dept of (DOD), Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
Preserving IRA incentives (for example Section 45X production tax credit) for clean energy manufacturing. Production Tax Credit for Permanent Magnets, The Rare Earth Magnet Security Act (H.R. 1496)
Client expense: $65,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
Issues related to rare earth permanent magnets; HR 1496
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES
2025 · first_quarter · Taxation/Internal Revenue Code
Production tax credits for critical minerals generally, and specifically for rare earth magnets: H.R.1496, Rare Earth Magnet Security Act of 2025
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Defense
Rare Earth Magnetic Security Act (HR 1496), FY 2026 Department of Defense Appropriations; FY 2026 National Defense Authorization Act.
Client expense: $80,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), Energy, Dept of, HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
Rare Earth Magnetic Security Act (HR 1496), Rare Earth Magnet Manufacturing Production Tax Credit.
Client expense: $80,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
HR 1496 Rare Earth Magnet Security Act of 2025 IRA Energy credits
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
| Republican |
| MN |
| Charles J. "Chuck" Fleischmann | Republican | TN |
| Chrissy Houlahan | Democratic | PA |
| Christopher R. Deluzio | Democratic | PA |
| Cory Mills | Republican | FL |
| Daniel Meuser | Republican | PA |
| David G. Valadao | Republican | CA |
| Eric Swalwell | Democratic | CA |
| Jay Obernolte | Republican | CA |
| Jimmy Panetta | Democratic | CA |
| John Garamendi | Democratic | CA |
| John R. Moolenaar | Republican | MI |
| Jonathan L. Jackson | Democratic | IL |
| Josh Gottheimer | Democratic | NJ |
| Julie Fedorchak | Republican | ND |
| Kathy Castor | Democratic | FL |
| Kelly Morrison | Democratic | MN |
| Ken Calvert | Republican | CA |
| Marc A. Veasey | Democratic | TX |
| Paul Tonko | Democratic | NY |
| Pete Stauber | Republican | MN |
| Raja Krishnamoorthi | Democratic | IL |
| Richard Hudson | Republican | NC |
| Sharice Davids | Democratic | KS |
| Steven Horsford | Democratic | NV |
| Susie Lee | Democratic | NV |