,i #aag? ,,congress #a/ ,session ,h4 ,r4 #ccjc ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #ah1 #bjba,mr4 ,e/es introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to r$uce ! tax cr$it = new qualifi$ plug-9 electric drive motor vehicles by ,/ate subsidies = ^! vehicles4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,close ! ,d\ble ,subsidy ,loophole = ,electric ,vehicles ,act4 #b4 ,qualifi$ plug-9 electric vehicle tax cr$it r$uction 9 connection ) ,/ate subsidy 7a7 ,9 g5]al ,subsection 7f7 ( section #cj;,d ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+3 7#h7 ,r$uction = ,/ate subsidies 7,a7 ,9 g5]al ,! am\nt all[$ z a cr$it "u ?is section 7)\t reg>d to ?is p>agraph7 ) respect to a vehicle to :i* ?is section applies %all be r$uc$ 7b n bel[ z]o7 by ! am\nt ( any subsidy 9 connection ) ! acquisition or own]%ip ( ! vehicle made available by ! ,/ate 9 :i* su* vehicle is regi/]$ & plac$ 9 s]vice by ! taxpay]4 7,b7 ,subsidy ,= purposes ( subp>agraph 7,a71 t]m subsidy means direct or indirect f9ancial assi/ance1 includ+ tax cr$its or d$uctions f taxable income1 grants1 loans1 rebates1 vehicle lic5se tax disc\nts1 & v\*]s4 4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all apply to prop]ty plac$ 9 s]vice aft] ! date ( ! enactm5t ( ?is ,act4