Made in the U.S.A. Act

The Made in the U.S.A. Act creates a tax credit for individuals purchasing qualifying U.S.-made products. It allows a credit equal to 30% of qualified purchases (up to $500 annually, or $1,000 for energy-efficient or climate-resilient products), with income limits ($125,000 single/$250,000 joint) and exclusions for items like vehicles, alcohol, tobacco, firearms, luxury goods (e.g., jewelry, high-end electronics), food, and non-depreciable real estate. The credit applies to purchases labeled "Made in the U.S." under federal regulations and adjusts annually for inflation. It aims to incentivize buying domestically produced goods while restricting eligibility to lower-to-moderate income taxpayers.