Search Results: keywords:"clean vehicle tax credits"

  • S. 3869 — To require vehicles to comply with the rules of origin of the United States-Mexico-Canada Agreement in order to qualify for certain Federal programs.
    Status:Introduced in Senate
    Words:1,291

    The bill S. 3869, also known as the "American Subsidies for American Autos Act of 2024," requires that vehicles comply with the rules of origin from the United States-Mexico-Canada Agreement (USMCA) in order to be eligible for certain U.S. federal programs. This compliance is...

    Simple Explanation

    The bill says that cars and trucks need to be made mostly in the U.S., Mexico, or Canada to get money help from certain U.S. programs. This is to make sure that the cars getting special benefits follow specific rules about where they are built.

  • H. R. 7904 — To amend the Internal Revenue Code of 1986 to extend tax credits for clean vehicles to possessions of the United States.
    Status:Introduced in House
    Words:648

    H.R. 7904 proposes changes to the Internal Revenue Code to extend tax credits for clean vehicles to include the territories of the United States. The bill alters existing law to allow residents in U.S. territories to benefit from these credits, differing based on whether the...

    Simple Explanation

    H.R. 7904 is like a new rule to help people who live in U.S. territories buy eco-friendly cars. It makes sure they can get special money help, just like people who live in the states, but the territories get to choose how to give out this help.