H.R. 9227 aims to amend the Internal Revenue Code of 1986 to provide incentives for the domestic production and use of permanent magnets. This likely includes tax breaks or credits for manufacturers and users of permanent magnets, encouraging domestic industry growth and reducing reliance on foreign sources.
Supporters of H.R. 9227 have praised the bill for promoting domestic manufacturing and innovation in the permanent magnets sector, which is crucial for various industries, including renewable energy and electric vehicles. They argue that the bill could create jobs and enhance national security by reducing dependency on foreign supply chains.
Critics of H.R. 9227 express concerns that the bill may favor certain industries over others, potentially leading to market distortions. Some argue that the incentives could contribute to increased government spending without guaranteeing a significant return on investment, questioning the effectiveness of such tax breaks in achieving the intended goals.
The analysis of H.R. 9227, which aims to incentivize the domestic production and use of permanent magnets, reveals no direct industry overlaps between the sponsor, John Moolenaar's top donor industries and the bill's subject matter. Moolenaar's largest donor industry is Health Professionals, contributing $160 million, followed by Retired individuals at $50 million. Since neither of these industries is directly related to the production or use of permanent magnets, the potential for conflicts of interest appears minimal. Additionally, the lobbying activity related to this bill does not indicate significant financial influence from industries that would directly benefit from the legislation, further supporting a low risk assessment.
Organizations that lobbied on issues related to this bill's policy area.
| Client | Lobbying Firm | Amount |
|---|---|---|
| HOGAN LOVELLS, LLP OBO ZHONGJI INNOLIGHT CO., LTD. | MO STRATEGIES, INC. | $530,000 |
| TENCENT AMERICA LLC | MO STRATEGIES, INC. | $530,000 |
| TENCENT AMERICA LLC | HOGAN LOVELLS US LLP | $410,000 |
| BORDER TRADE ALLIANCE | BC CONSULTING, LLC | $60,000 |
| ALIBABA GROUP HOLDING LIMITED | MO STRATEGIES, INC. | $60,000 |
| FRESH PRODUCE ASSOCIATION OF THE AMERICAS | BC CONSULTING, LLC | $45,000 |
| WERNER ENTERPRISES | BC CONSULTING, LLC | $45,000 |
| OLD DOMINION FREIGHT LINE, INC. | BC CONSULTING, LLC | $45,000 |
| NATIONAL TANK TRUCK CARRIER, INC. | BC CONSULTING, LLC | $37,500 |
| STEVENS TRUCKING | BC CONSULTING, LLC | $30,000 |
| NATIONAL MOTOR FREIGHT TRAFFIC ASSOCIATION | BC CONSULTING, LLC | $22,500 |
| STARR-CAMARGO BRIDGE COMPANY | BC CONSULTING, LLC | $15,000 |
| STRAUNS CUSTOMHOUSE BROKERS, LLC | BC CONSULTING, LLC | $7,500 |
| CLEAN FREIGHT COALITION | MULLEN CONSULTING LLC | undisclosed |
| CITY OF ASHEBORO | CRANFILL SUMNER LLP | undisclosed |
Source: Senate Lobbying Disclosure Act (LDA) filings, 2026
Top industries funding John Moolenaar, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)
