Edison Price Lighting products meet the requirements of the Buy American Act; Section 1605 of the American Recovery Reinvestment Act (ARRA).
The American Recovery and Reinvestment Act of 2009 (ARRA)
The American Recovery and Reinvestment Act of 2009 (referred to as the “ARRA”, “Recovery Act” or “Stimulus Bill”) was intended to stimulate the U.S. economy by injecting $787 billion in spending and tax cuts. ARRA contains a strong “Buy American” provision to ensure the support of domestic companies and domestic workers.
Highlights – Relevance to the Industry
•Revive the renewable energy industry and provide the capital to eventually double domestic renewable energy capacity.
•As part of the financial recovery plan, invest $4.5B in Energy Delivery and Reliability, and $16.8B on Energy Efficiency.
Buy American Act under ARRA:
The ARRA includes a Buy American provision, Section 1605 that combines the previously existing 1933 Buy American and 1982 Buy America Acts, “restricts the purchase of supplies that are not domestic end products, for use within the United States,” and uses a two-part test to define a domestic end product:
•The product must be manufactured in the United States.
•The cost of the domestic components must exceed 50% of the total cost of components.
BAA Conditions under ARRA
When using funds appropriated under the American Recovery and Reinvestment Act of 2009, the definition of “domestic manufactured end product” requires that the product be manufactured in the United States, but does not include the requirement with regard to the origin of the components.