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American Vehicle Security Act of 2023

12/15/2023, 4:05 PM

Congressional Summary of S 63

American Vehicle Security Act of 2023

This bill requires the immediate implementation of amendments to the tax credit for new clean vehicles enacted by the Inflation Reduction Act of 2022. The amendments include requirements for vehicle assembly and critical mineral and battery sourcing for manufacturers.

Current Status of Bill S 63

Bill S 63 is currently in the status of Bill Introduced since January 25, 2023. Bill S 63 was introduced during Congress 118 and was introduced to the Senate on January 25, 2023.  Bill S 63's most recent activity was Read twice and referred to the Committee on Finance. as of January 25, 2023

Bipartisan Support of Bill S 63

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 63

Primary Policy Focus

Taxation

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