WASHINGTON – Rep. Lisa McClain (R-Mich.) today voted in favor of H.R. 7980, the End Chinese Dominance of Electric Vehicles in America Act of 2024, to stop the Chinese Communist Party from receiving American taxpayer dollars from electric vehicle subsidies created by the ironically named Biden-Harris Inflation Reduction Act.
“The Chinese Communist Party is reaping the benefits of Americans’ hard-earned money thanks to loopholes created by bureaucrats in the Biden-Harris Administration,” said McClain. “The Administration’s disastrous EV mandates and policies are costing auto workers their jobs and we cannot continue to allow foreign nations to earn subsidies while threatening the American auto industry.”
The End Chinese Dominance of Electric Vehicles in America Act of 2024:
- Amends the Internal Revenue Code of 1986 to exclude vehicles with batteries that contain materials sourced from foreign entities of concern (FEOC) from the clean vehicle credit.
- Requires the Treasury Department to follow the same definition of FEOC as the Commerce Department.
- Closes loopholes created by the Inflation Reduction Act that enrich Chinese business owners by allowing them to directly receive American tax dollars if they invest in EV projects.
Read the full text of the bill here.
