This bill would support domestic manufacturing of rare earth magnets, which are essential for electric vehicles, wind turbines, and defense systems, reducing reliance on foreign suppliers.
Could create advanced manufacturing jobs and strengthen supply chains relevant to Houston's energy transition.
Introduced
February 12, 2026
Latest Action
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
February 12, 2026