H.R. 7983 is a bill introduced in the House of Representatives to amend the Internal Revenue Code of 1986. It defines a "free trade agreement" in the context of clean vehicle credits as an international agreement approved by Congress, which eliminates duties and restrictive...
Simple Explanation
H.R. 7983 is a bill that explains what a "free trade agreement" means when it comes to giving tax credits for clean cars. It says that if the U.S. and another country have an agreement that stops charging extra fees and removes trade barriers, that counts as a free trade deal for cars made after the bill is passed.