Moolenaar, Golden Introduce Bipartisan Bill to Block Biden Rule That Allows Tax Credits for Foreign Adversaries
November 20, 2024
November 20, 2024
WASHINGTON, Nov. 20 -- Rep. John Moolenaar, R-Michigan, issued the following news release:
Today, Congressmen John Moolenaar, and Jared Golden (D-ME) introduced bipartisan legislation to block the implementation of the Biden administration's recently finalized Treasury rule on the section 45X advanced manufacturing production tax credit. The rule, as currently written, would allow CCP-affiliated companies like Gotion to receive American tax dollars for producing battery components. . . .
Today, Congressmen John Moolenaar, and Jared Golden (D-ME) introduced bipartisan legislation to block the implementation of the Biden administration's recently finalized Treasury rule on the section 45X advanced manufacturing production tax credit. The rule, as currently written, would allow CCP-affiliated companies like Gotion to receive American tax dollars for producing battery components. . . .