Doyle, Huizenga, Lamb, Kelly Introduce Bipartisan Bill to Strengthen the American Steel Industry
WASHINGTON, D.C. – Today, U.S. Representative Mike Doyle (D-PA) joined Representatives Bill Huizenga (R-MI), Conor Lamb, (D-PA), and Mike Kelly (R-PA) in introducing the bipartisan Steel Industry Preservation Act, which aims to strengthen the domestic steel industry and improve the environment by creating a tax credit for the recycling of waste products in steel manufacturing.
The bill creates a tax credit for the production of steel industry fuel – a more environmentally-friendly process that lowers steel production costs. As a result of this credit steel producers would be more competitive internationally.
“The strength of the steel industry is vital to the health of our economy and our national security. This legislation would make the domestic steel industry more competitive so that jobs and businesses can grow and U.S. steelmakers that are competing against illegally subsidized steel from foreign governments like China have an even playing field.” Representative Doyle said today.
Rep. Huizenga remarked “I constantly hear from West Michigan manufacturers about the need for high quality, made in America steel. This bipartisan legislation will help make American steel more affordable and strengthen our domestic supply base so manufacturers in Michigan and across the Midwest can help fuel our nation’s economic recovery.”
“This bipartisan legislation will support American steel, create jobs and protect the environment” said Lamb. “Building on our region’s industrial strength and making it more competitive for the 21st century is just common sense, and I look forward to working with my colleagues to advance this bill.”
“Steel is a pillar of Pennsylvania’s economy with nearly 80,000 men and women relying on this industry for jobs that put food on the table,” Representative Kelly said. “I’m proud to join my colleagues to introduce the Steel Industry Preservation Act, which will benefit workers, grow the economy, and strengthen our national security by leveling the playing field for domestic steel producers.”
Click here for the text of the bill.