[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 2951 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 2951 To amend the Internal Revenue Code of 1986 to expand prohibitions under the clean vehicle credit on battery components manufactured or assembled by corporations associated with foreign entities of concern, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 27, 2023 Mr. James introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to expand prohibitions under the clean vehicle credit on battery components manufactured or assembled by corporations associated with foreign entities of concern, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``No American Tax Dollars To CCP Act''. SEC. 2. PROHIBITION ON BATTERY COMPONENTS MANUFACTURED OR ASSEMBLED BY CORPORATIONS ASSOCIATED WITH FOREIGN ENTITIES OF CONCERN. (a) In General.--Subparagraph (B) of section 30D(d)(7) of the Internal Revenue Code of 1986 is amended by striking ``manufactured or assembled by a foreign entity of concern (as so defined).'' and inserting the following: ``manufactured or assembled by-- ``(i) a foreign entity of concern (as so defined), ``(ii) a domestic corporation which-- ``(I) is controlled by, operated by, or under the substantial influence of a foreign entity of concern, or ``(II) relies on technology provided through a licensing agreement with a foreign entity of concern, ``(iii) a foreign corporation-- ``(I) which is created or organized in a country which is not described in section 40207(a)(5)(C) of the Infrastructure Investment and Jobs Act (42 U.S.C. 18741(a)(5)(C)), and ``(II) which-- ``(aa) is controlled by, operated by, or under the substantial influence of a foreign entity of concern, ``(bb) relies on technology provided through a licensing agreement with a foreign entity of concern, or ``(cc) is owned more than 20 percent by 1 or more foreign entities of concern, or ``(iv) any member or partner of a joint venture or partnership in which at least 1 other member or partner is a foreign entity of concern.''. (b) Effective Date.--The amendment made by this section shall apply to vehicles sold after the date of enactment of this Act. SEC. 3. PROHIBITION ON TECHNOLOGY LICENSED FROM CORPORATIONS ASSOCIATED WITH FOREIGN ENTITIES OF CONCERN. (a) In General.--Subparagraph (B) of section 48C(c)(1) of the Internal Revenue Code of 1986 is amended to read as follows: ``(B) Exception.--Such term shall not include-- ``(i) any portion of a project for the production of any property which is used in the refining or blending of any transportation fuel (other than renewable fuels), or ``(ii) any project which incorporates or utilizes technology provided through a licensing agreement with an entity described in clauses (i) through (iv) of section 30D(d)(7)(B).''. (b) Effective Date.--The amendment made by this section shall apply to certifications awarded under section 48C of the Internal Revenue Code of 1986 after the date of enactment of this Act. <all>