H.J.Res. 148 · 118th Congress · House

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".

Active· Placed on the Union Calendar, Calendar No. 495.
Introduced
May 16, 24
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

8
  1. JUL 18, 2024Committee

    Reported by the Committee on Ways and Means. H. Rept. 118-595.

    118Yea
    595Nay
    0NV
  2. JUL 18, 2024Committee

    Reported by the Committee on Ways and Means. H. Rept. 118-595.

    118Yea
    595Nay
    0NV
  3. JUL 18, 2024Calendars

    Placed on the Union Calendar, Calendar No. 495.

  4. JUL 09, 2024Committee

    Committee Consideration and Mark-up Session Held

  5. JUL 09, 2024Committee

    Ordered to be Reported by the Yeas and Nays: 25 - 14.

    25Yea
    14Nay
    0NV
  6. MAY 16, 2024IntroReferral

    Introduced in House

  7. MAY 16, 2024IntroReferral

    Introduced in House

  8. MAY 16, 2024IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

3

Ways and Means Committee

hswm00

Referred: Jul 18, 2024

Active

Ways and Means Committee

hswm00

Referred: Jul 9, 2024

Active

Ways and Means Committee

hswm00

Referred: May 16, 2024

Active