0
0

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".

7/12/2024, 11:22 AM

Summary of Bill HJRES 179

Bill 118 hjres 179 is a piece of legislation that aims to disapprove of a rule submitted by the Department of the Treasury regarding clean vehicle credits, transfer of credits, critical minerals and battery components, and foreign entities of concern. The rule in question relates to sections 25E and 30D of the United States Code, which provide incentives for the production and use of clean vehicles.

The bill seeks to use the Congressional Review Act to overturn this rule, which was put forth by the Department of the Treasury. The rule in question addresses various aspects of clean vehicle credits, including the transfer of credits between different entities, the sourcing of critical minerals and battery components, and the involvement of foreign entities in the clean vehicle industry.

Supporters of the bill argue that the rule is overly burdensome and restrictive, hindering the development and adoption of clean vehicles in the United States. They believe that by disapproving of this rule, Congress can create a more favorable environment for the growth of the clean vehicle industry. Opponents of the bill, on the other hand, argue that the rule is necessary to ensure that clean vehicle credits are used effectively and efficiently. They believe that overturning this rule could have negative consequences for the clean vehicle industry and hinder progress towards reducing emissions and combating climate change. Overall, Bill 118 hjres 179 is a contentious piece of legislation that highlights the ongoing debate surrounding clean energy and environmental policy in the United States. It remains to be seen how Congress will ultimately decide on this issue.

Congressional Summary of HJRES 179

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.

Current Status of Bill HJRES 179

Bill HJRES 179 is currently in the status of Bill Introduced since July 2, 2024. Bill HJRES 179 was introduced during Congress 118 and was introduced to the House on July 2, 2024.  Bill HJRES 179's most recent activity was Referred to the House Committee on Ways and Means. as of July 2, 2024

Bipartisan Support of Bill HJRES 179

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

Policy Area and Potential Impact of Bill HJRES 179

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HJRES 179

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".
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".

Comments

Sponsors and Cosponsors of HJRES 179

Latest Bills

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".
Bill HJRES 164May 15, 2026
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".
Bill SJRES 154May 15, 2026
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Bulletin 2015-07 re: in-person collection of consumer debt".
Bill HJRES 166May 15, 2026
A bill to amend chapters 83 and 84 of title 5, United States Code, to authorize an increase of the retirement age for members of the Capitol Police.
Bill S 4530May 15, 2026
STOP Resolution
Bill HRES 1237May 15, 2026
Fisher House Availability Act of 2026
Bill HR 3726May 15, 2026
Encouraging greater public-private sector collaboration to promote financial literacy for students and young adults.
Bill HRES 1238May 15, 2026
American Cures Act
Bill S 4494May 15, 2026
Mammography Access for Veterans Act of 2025
Bill S 3395May 15, 2026
Survivor Tax Filing Simplification Act
Bill HR 8725May 15, 2026
A joint resolution 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".
Bill SJRES 87May 31, 2024
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".
Bill HJRES 148August 9, 2024