S1244-118

Introduced

To amend the Internal Revenue Code of 1986 to prevent double dipping between tax credits and grants or loans for clean vehicle manufacturers.

118th Congress Introduced Apr 20, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill creates coordination of electric vehicle credits with other subsidies Section 30D(d)(3) of the Internal Revenue Code of 1986, as amended by Public Law 117–169, is amended by adding at the end the following new sentence. It relies on grants, loan guarantees, tax rate changes, and compliance mandates. The main policy areas are Energy, Electric Utilities, Finance, and Transportation.

Who Benefits and How

The main beneficiaries are the people, organizations, or agencies identified in the bill's substantive provisions.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Transportation operators and users affected by the bill would take on compliance duties, and Financial services firms and customers affected by the bill would take on compliance duties.

Key Provisions

  • Creates coordination of electric vehicle credits with other subsidies Section 30D(d)(3) of the Internal Revenue Code of 1986, as amended by Public Law 117–169, is amended by adding at the end the following new sentence...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill creates coordination of electric vehicle credits with other subsidies Section 30D(d)(3) of the Internal Revenue Code of 1986, as amended by Public Law 117–169, is amended by adding at the end the following new sentence.

Key Policy Areas

Energy, Electric Utilities, Finance, Transportation

Primary Purpose

The bill creates coordination of electric vehicle credits with other subsidies Section 30D(d)(3) of the Internal Revenue Code of 1986, as amended by Public Law 117–169, is amended by adding at the end the following new sentence.

Policy Domains

Energy Electric Utilities Finance Transportation

Whole bill

Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Transportation operators and users affected by the bill
  • Financial services firms and customers affected by the bill
  • Energy producers and energy supply-chain firms affected by the bill
  • Electric utilities and power customers affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Transportation operators and users affected by the bill:
Electric utilities and power customers affected by the bill:
Financial services firms and customers affected by the bill:
Energy producers and energy supply-chain firms affected by the bill:
Federal, state, or local agencies responsible for implementing the clause:

Legislative Progress

Introduced
Introduced Committee Passed
Apr 20, 2023

Mr. Thune (for himself, Mr. Cassidy, Mr. Daines, Ms. Lummis, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Energy Electric Utilities Finance Transportation

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