[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2951 Introduced in House (IH)]
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118th CONGRESS
1st Session
H. R. 2951
To amend the Internal Revenue Code of 1986 to expand prohibitions under
the clean vehicle credit on battery components manufactured or
assembled by corporations associated with foreign entities of concern,
and for other purposes.
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IN THE HOUSE OF REPRESENTATIVES
April 27, 2023
Mr. James introduced the following bill; which was referred to the
Committee on Ways and Means
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A BILL
To amend the Internal Revenue Code of 1986 to expand prohibitions under
the clean vehicle credit on battery components manufactured or
assembled by corporations associated with foreign entities of concern,
and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``No American Tax Dollars To CCP
Act''.
SEC. 2. PROHIBITION ON BATTERY COMPONENTS MANUFACTURED OR ASSEMBLED BY
CORPORATIONS ASSOCIATED WITH FOREIGN ENTITIES OF CONCERN.
(a) In General.--Subparagraph (B) of section 30D(d)(7) of the
Internal Revenue Code of 1986 is amended by striking ``manufactured or
assembled by a foreign entity of concern (as so defined).'' and
inserting the following: ``manufactured or assembled by--
``(i) a foreign entity of concern (as so
defined),
``(ii) a domestic corporation which--
``(I) is controlled by, operated
by, or under the substantial influence
of a foreign entity of concern, or
``(II) relies on technology
provided through a licensing agreement
with a foreign entity of concern,
``(iii) a foreign corporation--
``(I) which is created or organized
in a country which is not described in
section 40207(a)(5)(C) of the
Infrastructure Investment and Jobs Act
(42 U.S.C. 18741(a)(5)(C)), and
``(II) which--
``(aa) is controlled by,
operated by, or under the
substantial influence of a
foreign entity of concern,
``(bb) relies on technology
provided through a licensing
agreement with a foreign entity
of concern, or
``(cc) is owned more than
20 percent by 1 or more foreign
entities of concern, or
``(iv) any member or partner of a joint
venture or partnership in which at least 1
other member or partner is a foreign entity of
concern.''.
(b) Effective Date.--The amendment made by this section shall apply
to vehicles sold after the date of enactment of this Act.
SEC. 3. PROHIBITION ON TECHNOLOGY LICENSED FROM CORPORATIONS ASSOCIATED
WITH FOREIGN ENTITIES OF CONCERN.
(a) In General.--Subparagraph (B) of section 48C(c)(1) of the
Internal Revenue Code of 1986 is amended to read as follows:
``(B) Exception.--Such term shall not include--
``(i) any portion of a project for the
production of any property which is used in the
refining or blending of any transportation fuel
(other than renewable fuels), or
``(ii) any project which incorporates or
utilizes technology provided through a
licensing agreement with an entity described in
clauses (i) through (iv) of section
30D(d)(7)(B).''.
(b) Effective Date.--The amendment made by this section shall apply
to certifications awarded under section 48C of the Internal Revenue
Code of 1986 after the date of enactment of this Act.
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