Expansion of advanced manufacturing production credit to include black mass

(a) In general Section 45X(c)(5) of the Internal Revenue Code of 1986 is amended— (1) in subparagraph (A), by adding at the end the following new clause: (iv) Black mass., and (2) in subparagraph (B), by adding at the end the following new clause: (iv) Black mass The term black mass means the intermediate, solid particulate material produced by the mechanical or pyrometallurgical processing of spent lithium-ion or similar electrochemical cells, consisting predominantly of finely divided cathode and anode active materials, including lithium, nickel, cobalt, manganese, and graphite, prior to any hydrometallurgical or chemical purification that isolates individual metals or compounds.. (b) Effective date The amendments made by this section shall apply to components produced and sold in taxable years beginning after December 31, 2024.