H.R. 7983, titled the "Stop Executive Overreach on Trade Agreements Act," aims to modify the Internal Revenue Code of 1986. The bill seeks to clarify what qualifies as a "free trade agreement" when it comes to providing clean vehicle credits. It defines a free trade agreement...
Simple Explanation
H.R. 7983 is a plan to explain what counts as a "free trade agreement" for getting special money help when buying clean cars. It says only those deals where Congress agrees to lower money barriers will count.