Panel sets markup targeting EV credits, cobalt imports

By Hannah Northey | 04/16/2024 06:26 AM EDT

The Ways and Means Committee will vote on legislation focused on trade Wednesday.

Rep. Carol Miller (R-W.Va.).

The Ways and Means Committee will vote on legislation from Rep. Carol Miller (R-W.Va.) to limit Inflation Reduction Act tax incentives. House Television

The House Ways and Means Committee will vote on a handful of trade bills Wednesday, including Republican language that would block any electric vehicles containing material from U.S. adversaries like China from securing federal tax credits.

West Virginia Republican Rep. Carol Miller introduced H.R. 7890, or the “End Chinese Dominance of Electric Vehicles in America Act of 2024,” on Monday.

Mille’rs bill would tighten the “foreign entity of concern” definition for EV tax credits tied to the Inflation Reduction Act and bar Chinese companies from accessing the incentives.

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Miller in a statement said the bill would close “loopholes” that the Treasury Department included the Inflation Reduction Act and ensure the tax credits are used domestically.

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