Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Clean Vehicle Credits Under Sections 25E and 30D; Transfer of Credits; Critical Minerals and Battery Components; Foreign Entities of Concern".

Finance and Financial Sector

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senate

president

Introduced on May 16, 2024 by Carol Devine Miller

Legislation Details

Seeks congressional disapproval for a rule submitted by the Department of the Treasury.
The rule in question pertains to “Clean Vehicle Credits Under Sections 25E and 30D; Transfer of Credits; Critical Minerals and Battery Components; Foreign Entities of Concern.”
Utilizes chapter 8 of title 5, United States Code, for the disapproval process.
Aims to nullify the effectiveness of the specified Treasury Department rule.
The rule was published in the Federal Register on May 6, 2024 (89 Fed. Reg. 37706).
If successful, the disapproved rule would have no force or effect.

Last updated 10/7/2024