A Central New York Republican is being praised for an addition to the recently passed federal tax bill intended to help manufacturing and the semiconductor industry. U.S. Representative Claudia Tenney was among 20 lawmakers who added the Advanced Manufacturing Investment Credit to the so-called “Big Beautiful Bill.”
“Preserving and increasing the Advanced Manufacturing Investment Credit in the One Big Beautiful Bill sends a clear message that the United States is committed to long-term technological leadership and competitiveness. This will level the playing field for American companies, create good-paying jobs, and ensure that Micron and other major employers continue to invest and grow here in New York."Congresswoman Claudia Tenney
Supporters say it will help expand Central New York’s semiconductor manufacturing through an enhanced tax credit. Micron released a statement praising the addition saying it will drive innovation and strengthen US manufacturing.
“We thank Congresswoman Tenney for her leadership on the BASIC Act, which increased the Advanced Manufacturing Investment Credit – a key provision included in the One Big Beautiful Bill. Micron strongly supported this legislation, which strengthens U.S. manufacturing, drives innovation, and helps develop Upstate New York’s burgeoning semiconductor ecosystem as well as other hubs across America,”Sanjay Mehrotra, Micron Chairman, President, and CEO.
Local economic development officials add it will lead to continued growth of Upstate New York’s semiconductor industry.
