118 HR 7983 IH: Stop Executive Overreach on Trade Agreements U.S. House of Representatives 2024-04-15 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS2d SessionH. R. 7983IN THE HOUSE OF REPRESENTATIVESApril 15, 2024Mrs. Fischbach introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to define the term free trade agreement for purposes of the clean vehicle credit.

1.

Short title

This Act may be cited as the Stop Executive Overreach on Trade Agreements.

2.

Free trade agreement defined for purposes of clean vehicle credit

(a)

In general

Section 30D(e)(1) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: (C)

Free trade agreement

For purposes of subparagraph (A)(i)(II), the term free trade agreement means 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.. (b)

Effective date

The amendment made by this subsection shall apply to vehicles placed in service after the date of the enactment of this Act.