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II
118TH CONGRESS
1ST SESSION
S. 1244
To amend the Internal Revenue Code of 1986 to prevent double dipping
between tax credits and grants or loans for clean vehicle manufacturers.
IN THE SENATE OF THE UNITED STATES
APRIL 20, 2023
Mr. THUNE (for himself, Mr. CASSIDY, Mr. DAINES, Ms. LUMMIS, Mr.
RICKETTS, and Mr. ROUNDS) introduced the following bill; which was
read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to prevent
double dipping between tax credits and grants or loans
for clean vehicle manufacturers.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘Ending Duplicative
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Subsidies for Electric Vehicles Act’’.
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SEC. 2. COORDINATION OF ELECTRIC VEHICLE CREDITS
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WITH OTHER SUBSIDIES.
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(a) IN GENERAL.—Section 30D(d)(3) of the Internal
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Revenue Code of 1986, as amended by Public Law 117–
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•S 1244 IS
169, is amended by adding at the end the following new
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sentence: ‘‘Such term shall not include any person who
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has received a loan under section 136(d) of the Energy
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Independence and Security Act of 2007, a loan guarantee
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under section 1703 of the Energy Policy Act of 2005 with
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respect to a project described in section 1703(b)(8) of
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such Act, or a grant under section 50143 of the Act titled
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‘An Act to provide for reconciliation pursuant to title II
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of S. Con. Res. 14’ for the taxable year in which the new
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clean vehicle is placed in service or any prior taxable
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year.’’.
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(b) EFFECTIVE DATE.—The amendment made by
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this section shall apply to taxable years beginning after
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December 31, 2022.
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