HILL TAX BRIEF: Bid to Nix EV Tax Credit Rules Advances in House

July 10, 2024, 10:08 AM UTC

An effort to pull back the Biden administration’s electric vehicle tax credit rules moved closer to a House floor vote, with Ways and Means Republicans voting in committee Tuesday to approve a Congressional Review Act resolution to overturn the regulations.

Though no Democrat on the panel backed the resolution, some Democrats in the wider House and Senate support the move. At issue is an extra two years given to automakers to shore up battery minerals considered difficult to trace to their origin.

“The Biden administration is sacrificing our economic independence in order to force more Americans to drive an electric ...

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