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Halting Electric Vehicle Tax Credits

This resolution aims to disapprove the Department of the Treasury's rules regarding clean vehicle tax credits. If passed, the rules concerning clean vehicle credits, credit transfers, and requirements for critical minerals and battery components will not take effect. This could impact the availability and conditions for obtaining tax credits when purchasing electric vehicles.
Key points
The resolution seeks to block new rules for tax credits on electric vehicle purchases.
If passed, existing electric vehicle tax credit rules may change or be revoked, affecting potential savings on such vehicle purchases.
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Additional Information
Print number: 118_HJRES_179
Sponsor: Rep. Palmer, Gary J. [R-AL-6]
Process start date: 2024-07-02
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

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".

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HJRES_179.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-07-02.

What are the main provisions?

Key points include:

  • The resolution seeks to block new rules for tax credits on electric vehicle purchases.
  • If passed, existing electric vehicle tax credit rules may change or be revoked, affecting potential savings on such vehicle purchases.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Palmer, Gary J. [R-AL-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Taxes Environment