S.Amdt. 5249Senate117th Congress (2021-2023)2nd degree
S.Amdt. 5249
Sponsored by
Sen. John Thune (R-SD)
Submitted August 6, 2022
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Senate amendment submitted
August 6, 2022
Text
Submitted
SA 5249. Mr. THUNE submitted an amendment intended to be proposed to amendment SA 5194 submitted by Mr. Schumer and intended to be proposed to the bill H.R. 5376, to provide for reconciliation pursuant to title II of S. Con. Res. 14; which was ordered to lie on the table; as follows: At the end of part 4 of subtitle D of title I, insert the following: SEC. 1340_. COORDINATION OF ELECTRIC VEHICLE CREDITS WITH OTHER SUBSIDIES. (a) In General.--Section 30D(d)(3), as amended by this Act, is amended by adding at the end the following new sentence: ``Such term shall not include any person who has received a loan under section 136(d) of the Energy Independence and Security Act of 2007 or a grant under section 50143 of the Act titled `An Act to provide for reconciliation pursuant to title II of S. Con. Res. 14' for the taxable year in which the new clean vehicle is placed in service or any prior taxable year.''. (b) Effective Date.--The amendment made by this section shall apply to taxable years beginning after December 31, 2022. ______