End Chinese Dominance of Electric Vehicles in America Act of 2024

10/7/2024, 9:10 PM

End Chinese Dominance of Electric Vehicles in America Act of 2024

This bill excludes from the new clean vehicle tax credit vehicles that contain components or material processed by a prohibited foreign entity (i.e., a terrorist organization) or an entity with ties to China, Iran, Russia, or North Korea. 

Congress
118
Number
HR - 7980
Introduced on
2024-04-15
# Amendments
1
Sponsors
+5
Cosponsors
+5

Variations and Revisions

9/16/2024
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
Failed in House
Introduced to Senate
Senate to Vote

Purpose and Summary

End Chinese Dominance of Electric Vehicles in America Act of 2024

This bill excludes from the new clean vehicle tax credit vehicles that contain components or material processed by a prohibited foreign entity (i.e., a terrorist organization) or an entity with ties to China, Iran, Russia, or North Korea. 

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to exclude vehicles the batteries of which contain materials sourced from prohibited foreign entities from the clean vehicle credit.
Policy Areas
Taxation
Potential Impact
Asia•
China•
Hybrid, electric, and advanced technology vehicles•
Income tax credits•
Motor vehicles

Comments

Recent Activity

Latest Summary10/25/2024

End Chinese Dominance of Electric Vehicles in America Act of 2024

This bill excludes from the new clean vehicle tax credit vehicles that contain components or material processed by a prohibited foreign entity (i.e., a terror...

Latest Action9/16/2024
Received in the Senate and Read twice and referred to the Committee on Finance.