NOVELIS INC.

Manufacturing

Recycling policy: Support for the Recycling Infrastructure and Accountability Act (S. 1189, H.R. 6159). Recycling and Composting Accountability Act (S. 1194, H.R. 4040).

TargetedSENATE · HOUSE OF REPRESENTATIVES · White House Office · Office of Management & Budget (OMB) · Commerce, Dept of (DOC)

Taxation/Internal Revenue Code

One Big Beautiful Bill (H.R. 1) with emphasis on American Innovation and R&D Competitiveness Act (H.R. 2673, S. 866), which permanently repeals the R&D amortization provision. The American Investment in Manufacturing Act (H.R. 2788, S. 1232), which would permanently restore the pro-growth EBITDA interest limitation standard. Accelerate Long-Term Investment Growth Now Act (H.R. 2406, S. 1117), which would permanently extend full expensing. Section 45X Advanced Manufacturing Production Tax Credit.

TargetedSENATE · HOUSE OF REPRESENTATIVES · White House Office · Office of Management & Budget (OMB) · Commerce, Dept of (DOC) · Treasury, Dept of

Trade (domestic/foreign)

Trade policy: 232 tariffs, 301 tariffs, IEEPA tariffs, and trade policy related to aluminum scrap exports.