Senator Stabenow Applauds Treasury Department Guidance on Clean Vehicle Credit

WASHINGTON—U.S. Senator Debbie Stabenow, senior member of the Senate Finance Committee, today applauded the U.S. Department of Treasury for releasing additional information on clean vehicle credit (30D tax credit) provisions in the Inflation Reduction Act:

“As I said when the Inflation Reduction Act passed, the clean vehicle credit language as written was unworkable and may lead to more auto jobs overseas than less. That’s why I applaud the Treasury Department for addressing this in its guidance. The intent of the Inflation Reduction Act has always been to tackle the climate crisis and support the best workers in the world who are making the vehicles and technologies that will help us win the global clean energy race. Today’s announcement is a step in the right direction to ensure we meet our goals. I encourage Treasury to continue its outreach to our auto manufacturers, union workers, dealers, and consumers as it finalizes guidance by March.”

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