S 2962 · 118th Congress · Taxation
Drive American Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2023-09-28)
Plain Language Summary
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[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 2962 Introduced in Senate (IS)] <DOC> 118th CONGRESS 1st Session S. 2962 To repeal tax incentives relating to electric vehicles, and to establish a tax credit to promote automobile manufacturing in the United States. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES September 28 (legislative day, September 22), 2023 Mr. Vance introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To repeal tax incentives relating to electric vehicles, and to establish a tax credit to promote automobile manufacturing in the United States. 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 ``Drive American Act''. SEC. 2. AMENDMENT OF 1986 CODE. Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference sh…
Summarized by Claude AI · Non-partisan · For informational purposes only