No American Tax Dollars To CCP Act

I 118TH CONGRESS 1ST SESSION H. R. 2951 To amend the Internal Revenue Code of 1986 to expand prohibitions under the clean vehicle credit on battery components manufactured or assem- bled by corporations associated with foreign entities of concern, and for other purposes. IN THE HOUSE OF REPRESENTATIVES APRIL 27, 2023 Mr. JAMES introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to expand prohibitions under the clean vehicle credit on battery components manufactured or assembled by corporations associated with foreign entities of concern, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘No American Tax Dol- 4 lars To CCP Act’’. 5 VerDate Sep 11 2014 00:12 May 09, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2951.IH H2951 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 2951 IH SEC. 2. PROHIBITION ON BATTERY COMPONENTS MANU- 1 FACTURED OR ASSEMBLED BY CORPORA- 2 TIONS ASSOCIATED WITH FOREIGN ENTITIES 3 OF CONCERN. 4 (a) IN GENERAL.—Subparagraph (B) of section 5 30D(d)(7) of the Internal Revenue Code of 1986 is 6 amended by striking ‘‘manufactured or assembled by a 7 foreign entity of concern (as so defined).’’ and inserting 8 the following: ‘‘manufactured or assembled by— 9 ‘‘(i) a foreign entity of concern (as so 10 defined), 11 ‘‘(ii) a domestic corporation which— 12 ‘‘(I) is controlled by, operated by, 13 or under the substantial influence of a 14 foreign entity of concern, or 15 ‘‘(II) relies on technology pro- 16 vided through a licensing agreement 17 with a foreign entity of concern, 18 ‘‘(iii) a foreign corporation— 19 ‘‘(I) which is created or orga- 20 nized in a country which is not de- 21 scribed in section 40207(a)(5)(C) of 22 the Infrastructure Investment and 23 Jobs Act (42 U.S.C. 18741(a)(5)(C)), 24 and 25 ‘‘(II) which— 26 VerDate Sep 11 2014 00:12 May 09, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H2951.IH H2951 kjohnson on DSK79L0C42PROD with BILLS 3 •HR 2951 IH ‘‘(aa) is controlled by, oper- 1 ated by, or under the substantial 2 influence of a foreign entity of 3 concern, 4 ‘‘(bb) relies on technology 5 provided through a licensing 6 agreement with a foreign entity 7 of concern, or 8 ‘‘(cc) is owned more than 20 9 percent by 1 or more foreign en- 10 tities of concern, or 11 ‘‘(iv) any member or partner of a 12 joint venture or partnership in which at 13 least 1 other member or partner is a for- 14 eign entity of concern.’’. 15 (b) EFFECTIVE DATE.—The amendment made by 16 this section shall apply to vehicles sold after the date of 17 enactment of this Act. 18 SEC. 3. PROHIBITION ON TECHNOLOGY LICENSED FROM 19 CORPORATIONS ASSOCIATED WITH FOREIGN 20 ENTITIES OF CONCERN. 21 (a) IN GENERAL.—Subparagraph (B) of section 22 48C(c)(1) of the Internal Revenue Code of 1986 is amend- 23 ed to read as follows: 24 VerDate Sep 11 2014 00:12 May 09, 2023 Jkt 039200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H2951.IH H2951 kjohnson on DSK79L0C42PROD with BILLS 4 •HR 2951 IH ‘‘(B) EXCEPTION.—Such term shall not in- 1 clude— 2 ‘‘(i) any portion of a project for the 3 production of any property which is used 4 in the refining or blending of any transpor- 5 tation fuel (other than renewable fuels), or 6 ‘‘(ii) any project which incorporates or 7 utilizes technology provided through a li- 8 censing agreement with an entity described 9 in clauses (i) through (iv) of section 10 30D(d)(7)(B).’’. 11 (b) EFFECTIVE DATE.—The amendment made by 12 this section shall apply to certifications awarded under 13 section 48C of the Internal Revenue Code of 1986 after 14 the date of enactment of this Act. 15 Æ VerDate Sep 11 2014 00:12 May 09, 2023 Jkt 039200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6301 E:\BILLS\H2951.IH H2951 kjohnson on DSK79L0C42PROD with BILLS