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No American Tax Dollars To CCP Act

USA118th CongressHR-2951| House 
| Updated: 4/27/2023
John James

John James

Republican Representative

Michigan

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
No American Tax Dollars To CCP Act This bill expands prohibitions under the clean vehicle tax credit on battery components manufactured or assembled by a foreign entity of concern to a domestic corporation that is controlled by, operated by, or under the substantial influence of a foreign entity of concern (e.g., a state-backed Chinese company); a domestic corporation that relies on technology provided through a licensing agreement with a foreign entity of concern; a foreign corporation organized outside of China, Russia, North Korea, and Iran but that is owned more than 20% by 1 or more foreign entities of concern; or any member or partner of a joint venture or partnership in which at least one other partner or member is a foreign entity of concern. The bill also renders ineligible for the qualifying advanced energy project tax credit any project that incorporates or utilizes technology provided through a licensing agreement with the foreign entities of concern described by this bill.
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Timeline
Apr 27, 2023
Introduced in House
Apr 27, 2023
Referred to the House Committee on Ways and Means.
  • April 27, 2023
    Introduced in House


  • April 27, 2023
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 118-756: REVOKE Act of 2023

No American Tax Dollars To CCP Act

USA118th CongressHR-2951| House 
| Updated: 4/27/2023
No American Tax Dollars To CCP Act This bill expands prohibitions under the clean vehicle tax credit on battery components manufactured or assembled by a foreign entity of concern to a domestic corporation that is controlled by, operated by, or under the substantial influence of a foreign entity of concern (e.g., a state-backed Chinese company); a domestic corporation that relies on technology provided through a licensing agreement with a foreign entity of concern; a foreign corporation organized outside of China, Russia, North Korea, and Iran but that is owned more than 20% by 1 or more foreign entities of concern; or any member or partner of a joint venture or partnership in which at least one other partner or member is a foreign entity of concern. The bill also renders ineligible for the qualifying advanced energy project tax credit any project that incorporates or utilizes technology provided through a licensing agreement with the foreign entities of concern described by this bill.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 27, 2023
Introduced in House
Apr 27, 2023
Referred to the House Committee on Ways and Means.
  • April 27, 2023
    Introduced in House


  • April 27, 2023
    Referred to the House Committee on Ways and Means.
John James

John James

Republican Representative

Michigan

Ways and Means Committee

Taxation

Related Bills

  • S 118-756: REVOKE Act of 2023
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted