S.Amdt. 5249Senate117th Congress (2021-2023)2nd degree

S.Amdt. 5249

Sponsored by John ThuneSen. 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.
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