The House Ways and Means Committee approved legislation Tuesday that would overturn Biden administration regulations for implementing the federal electric vehicle tax credit.
The rules at issue, published in May, set out standards for how automakers can comply with Inflation Reduction Act requirements — including sourcing mandates.
But Republicans complain the Treasury Department’s regulations against minerals and other components from “foreign entities of concern” gave automakers too much leeway.
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“The Treasury Department has stepped way, way outside of their authority, issuing regulations that are completely contrary to the congressional intent of the law,” Rep. Carol Miller (R-W.Va.), the resolution’s sponsor, said during Tuesday’s markup.
