HJRES 148
118th Congress
House
Taxation
Administrative law and regulatory procedures
Energy storage, supplies, demand
Hybrid, electric, and advanced technology vehicles
Income tax credits
Internal Revenue Service (IRS)
Motor vehicles
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Clean Vehicle Credits Under Sections 25E and 30D; Transfer of Credits; Critical Minerals and Battery Components; Foreign Entities of Concern".
Introduced: May 16, 2024
Introduced by:
Miller, Carol D.
Republican
· West Virginia
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 18, 2024
Placed on the Union Calendar, Calendar No. 495.
Jul 18, 2024
Reported by the Committee on Ways and Means. H. Rept. 118-595.
Jul 9, 2024
Ordered to be Reported by the Yeas and Nays: 25 - 14.
Jul 9, 2024
Committee Consideration and Mark-up Session Held
May 16, 2024
Referred to the House Committee on Ways and Means.
May 16, 2024
Introduced in House
Plain-English summary
This joint resolution nullifies the rule titled Clean Vehicle Credits Under Sections 25E and 30D; Transfer of Credits; Critical Minerals and Battery Components; Foreign Entities of Concern, which was issued by the Internal Revenue Service on May 6, 2024. The rule provides guidance on the transfer of any new clean vehicle tax credit or previously owned clean vehicle tax credit amounts to dealers that are eligible to receive advance payments of such tax credits. The rule also establishes the requirements for determining if the battery components and applicable minerals contained in a vehicle battery comply with foreign entity of concern restrictions.
What's happening now
Placed on the Union Calendar, Calendar No. 495.
Committees of jurisdiction
1