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Buy American Act (BAA) | VERITY ONE

BUY AMERICAN ACT

BAA 2025 Compliance

65%+ U.S. content · TPM-signed proof · XRPL-anchored records

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Official Name & Statutory Number

Full Name: Buy American Act

Original Citation: 41 U.S.C. §§ 10a–10d (1933)

Current Codification (2025): 41 U.S.C. §§ 8301–8305

Implementing Regulation: FAR Part 25 & FAR 52.225-1

Who Signed It & When

Signed by: President Herbert Hoover

Date: March 3, 1933 — his last full day in office

Congress: 73rd United States Congress

Hoover signed it just hours before Franklin D. Roosevelt’s inauguration amid the depths of the Great Depression.

Historical Background

The BAA was born during the Great Depression (1929–1939) when unemployment reached 25% and foreign nations were dumping cheap goods into the U.S. market.

Smoot-Hawley tariffs had collapsed global trade. Congress responded with the BAA to force federal agencies to “buy American” and protect domestic jobs.

Passed as part of a massive appropriations bill, it became permanent law and has been strengthened repeatedly — most recently under Biden’s Made in America executive orders.

2025 Requirements (Current Rules)

Domestic Content Threshold

  • 2024: ≥60%
  • 2025–2029: ≥65%
  • 2030+: ≥75%

All manufacturing processes must occur in the United States

Price Preference

  • Large businesses: +6% allowed
  • Small businesses: +12% allowed
How Verity One Delivers 100% Proof
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  • VID proves U.S. labor and ownership
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  • Veritize™ feeds proof directly into SAM.gov and agency portals
  • Instant V Token royalties when your data is used

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