04/15/2024 | Press release | Distributed by Public on 04/15/2024 13:11
Washington D.C. - Congresswoman Carol Miller (R-WV) introduced the End Chinese Dominance of Electric Vehicles in America Act of 2024. This legislation would tighten the Foreign Entity of Concern (FEOC) definition for the 30D, the electric vehicle tax credit, and prohibit Chinese companies from accessing U.S. tax dollars.
"China, or any adversary for that matter, should not have any access to American tax credits. Narrowing the definition of the Foreign Entity of Concern expands opportunities for American manufacturing while protecting our resources and our people. The Biden Administration's dedication to the Chinese Communist Party embarrasses the United States, and Congress must lead when the Joe Biden refuses to. The End Chinese Dominance of Electric Vehicles in America Act will close key loopholes in Treasury's EV credit guidance to ensure American tax dollars are kept here at home, and not in the pockets of our strategic adversaries," said Congresswoman Miller.
Click here for bill text.
Background:
###