[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7983 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 7983

  To amend the Internal Revenue Code of 1986 to define the term free 
       trade agreement for purposes of the clean vehicle credit.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 15, 2024

Mrs. Fischbach introduced the following bill; which was referred to the 
                      Committee on Ways and Means

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                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to define the term free 
       trade agreement for purposes of the clean vehicle credit.

    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 ``Stop Executive Overreach on Trade 
Agreements''.

SEC. 2. FREE TRADE AGREEMENT DEFINED FOR PURPOSES OF CLEAN VEHICLE 
              CREDIT.

    (a) In General.--Section 30D(e)(1) of the Internal Revenue Code of 
1986 is amended by adding at the end the following new subparagraph:
                    ``(C) Free trade agreement.--For purposes of 
                subparagraph (A)(i)(II), the term `free trade 
                agreement' means an international agreement approved by 
                Congress that eliminates duties and other restrictive 
                regulations of commerce on substantially all the trade 
                between the United States and 1 or more other 
                countries.''.
    (b) Effective Date.--The amendment made by this subsection shall 
apply to vehicles placed in service after the date of the enactment of 
this Act.
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