Port Crane Tax Credit Act of 2025

This bill creates a 25% federal tax credit to boost U.S. production and repair of port cranes and key parts. Companies that build or fix cranes in facilities located in the United States, including territories, can claim the credit for money spent on equipment and buildings that are part of a crane manufacturing facility . The credit can cover tangible items like machines and certain buildings used for manufacturing, but not office space. There is also an option to take the credit as a direct payment toward taxes owed, if the company elects it. The credit applies to property that starts being used by the end of 2035.

• Who is affected: U.S.-based facilities whose main purpose is building or repairing port cranes, making critical crane components, or making equipment used to produce or repair cranes.
• What changes: A 25% tax credit for eligible spending on manufacturing facilities and equipment; buildings used for manufacturing can count, but office areas do not.
• What counts as a “port crane”: Gantry cranes at port terminals, mobile harbor cranes, and ship-to-shore gantry cranes; parts include items like the steel frame, cabling, brakes, computer gear, and modems.
• When: Available for property that begins service through 2035; includes special rules for projects under construction .