To amend the Internal Revenue Code of 1986 to define the term free trade agreement for purposes of the clean vehicle credit.
Legislative Progress
ReportedReported with an amendment, committed to the Committee of the …
Mrs. Fischbach introduced the following bill; which was referred to …
Summary
What This Bill Does
Amends the clean vehicle tax credit (Section 30D) to define "free trade agreement" as only international agreements approved by Congress that eliminate duties and restrictive regulations on substantially all trade.
Who Benefits and How
Domestic automakers and battery manufacturers benefit from reduced competition as fewer foreign-sourced critical minerals qualify. Congress regains trade agreement oversight currently exercised by executive action.
Who Bears the Burden and How
EV consumers may face higher prices as fewer vehicles qualify for tax credits. Foreign mineral suppliers from countries without Congressional-approved agreements lose access to the US clean vehicle market.
Key Provisions
- Defines "free trade agreement" as requiring Congressional approval
- Applies to vehicles placed in service after enactment
- Affects critical mineral sourcing requirements for clean vehicle credit
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Defines free trade agreement for purposes of the clean vehicle tax credit to require Congressional approval, limiting executive authority
Policy Domains
Legislative Strategy
"Restrict executive trade authority by tightening clean vehicle credit eligibility"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
Key Definitions
Terms defined in this bill
An international agreement approved by Congress that eliminates duties and other restrictive regulations of commerce on substantially all the trade between the United States and 1 or more other countries
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology