Buy America 2.0 Act
A BILL
To standardize and extend certain Buy America provisions.
2. Use of American iron, steel, and manufactured goods
3. Public transportation Buy America provisions
“(IV) for fiscal year 2021 is more than 75 percent of the cost of all components of the rolling stock;
“(V) for fiscal year 2022 is more than 80 percent of the cost of all components of the rolling stock;
“(VI) for fiscal year 2023 is more than 85 percent of the cost of all components of the rolling stock;
“(VII) for fiscal year 2024 is more than 90 percent of the cost of all components of the rolling stock;
“(VIII) for fiscal year 2025 is more than 95 percent of the cost of all components of the rolling stock; and
“(IX) for fiscal year 2026 and each fiscal year thereafter is 100 percent of the cost of all components of the rolling stock; and”
4. Rail loan and loan guarantee Buy America provisions
“(C) the requirements of section 24405(a) of title 49, United States Code.”
5. Aviation Buy America provisions
“(A) the cost of components and subcomponents produced in the United States—
“(i) for fiscal year 2020 is more than 65 percent of the cost of all components of the facility or equipment;
“(ii) for fiscal year 2021 is more than 70 percent of the cost of all components of the facility or equipment;
“(iii) for fiscal year 2022 is more than 75 percent of the cost of all components of the facility or equipment;
“(iv) for fiscal year 2023 is more than 80 percent of the cost of all components of the facility or equipment;
“(v) for fiscal year 2024 is more than 85 percent of the cost of all components of the facility or equipment;
“(vi) for fiscal year 2025 is more than 90 percent of the cost of all components of the facility or equipment;
“(vii) for fiscal year 2026 is more than 95 percent of the cost of all components of the facility or equipment; and
“(viii) for fiscal year 2027, and each fiscal year thereafter, is 100 percent of the cost of all components of the facility or equipment; and”