H.R. 326 — Introduced in House

I 118th CONGRESS 1st Session H. R. 326 IN THE HOUSE OF REPRESENTATIVES January 12, 2023Mr. Estes 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 prohibit the seller of an electric vehicle from being treated as the taxpayer that placed such vehicle in service and taking the electric vehicle tax credit if such vehicle is sold to the Federal Government. 1. Short title This Act may be cited as the No Subsidies for Government Purchases of Electric Vehicles Act. 2. Seller of electric vehicle prohibited from being treated as taxpayer placing such vehicle in service if vehicle sold to Federal Government (a) In general Section 30D(f)(3) of the Internal Revenue Code of 1986 is amended by striking but only if and all that follows and inserting the following: but only if— (A) such person clearly discloses to such person or entity in a document the amount of any credit allowable under subsection (a) with respect to such vehicle (determined without regard to subsection (c)), (B) such person or entity is not the Federal Government or an agency or representative thereof, and (C) such person or entity is not a State government or a locality, agency, or representative thereof. For purposes of subsection (c), property to which this paragraph applies shall be treated as of a character subject to an allowance for depreciation. . (b) Effective date The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this section.