Bill > HR7980

This bill, the "End Chinese Dominance of Electric Vehicles in America Act of 2024", amends the Internal Revenue Code to exclude electric vehicles from the clean vehicle credit if their batteries or battery components contain materials sourced from "prohibited foreign entities." The bill defines these entities as foreign entities of concern, entities with the right to appoint or approve "covered officers" from covered nations (as defined in the bill), or entities with significant ownership interests from covered nations or their citizens. The exclusion applies to vehicles placed in service after the bill's enactment.

Budget and Finance

https://www.congress.gov/bill/118th-congress/house-bill/7980/all-info