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: 118-hjres-148
Sponsor: full_name: Rep. Miller, Carol D. [R-WV-1]
Introduced: 2024-05-16
Policy area: Taxation
Subjects: Administrative law and regulatory procedures

Energy storage, supplies, demand

Hybrid, electric, and advanced technology vehicles

Income tax credits

Internal Revenue Service (IRS)

Motor vehicles
Latest action: action_date: 2024-07-18
text: Placed on the Union Calendar, Calendar No. 495.

Summaries:
action_date: 2024-07-18
action_desc: Reported to House
text: <p>This joint resolution nullifies the rule titled <em>Clean Vehicle Credits Under Sections 25E and 30D; Transfer of Credits; Critical Minerals and Battery Components; Foreign Entities of Concern</em>, 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.</p>

tv_txt: IB Union Calendar No. 495 118th CONGRESS 2d Session H. J. RES. 148 [Report No. 118–595] IN THE HOUSE OF REPRESENTATIVES May 16, 2024 Mrs. Miller of West Virginia (for herself and Mr. Golden of Maine ) submitted the following joint resolution; which was referred to the Committee on Ways and Means July 18, 2024 Additional sponsors: Mr. Kelly of Mississippi , Mrs. Miller of Illinois , Mr. Mills , Mr. Wenstrup , Mr. Moolenaar , Mr. Kelly of Pennsylvania , Mr. Carey , Ms. Tenney , Mr. Moore of Utah , Ms. Malliotakis , Mr. Estes , Ms. Van Duyne , Mr. Armstrong , and Mr. Smith of Nebraska July 18, 2024 Deleted sponsor: Mr. Kelly of Mississippi (added May 17, 2024; deleted July 8, 2024) July 18, 2024 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed 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 .

That Congress disapproves 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 (89 Fed. Reg. 37706 (May 6, 2024)), and such rule shall have no force or effect.

July 18, 2024 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

tv_txt: IA 118th CONGRESS 2d Session H. J. RES. 148 IN THE HOUSE OF REPRESENTATIVES May 16, 2024 Mrs. Miller of West Virginia (for herself and Mr. Golden of Maine ) submitted the following joint resolution; which was referred to the Committee on Ways and Means 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 .

That Congress disapproves 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 (89 Fed. Reg. 37706 (May 6, 2024)), and such rule shall have no force or effect.