The recent passage of the One Big Beautiful Bill Act of 2025 introduced new provisions allowing 100% rapid depreciation not only of equipment, but also of production and manufacturing facilities. This is a notable expansion beyond the 2017 Tax Cuts and Jobs Act, which limited this benefit to equipment alone. By broadening the scope of eligible assets, the legislation aims to catalyze domestic production, reshape supply chain dynamics, and significantly reduce effective corporate tax rates. As a result, it is expected to spark a wave of industrial development across the country.