Stop Executive Overreach on Trade Agreements

Section 30D(e)(1) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph:

For purposes of subparagraph (A)(i)(II), the term free trade agreement means an international agreement approved by Congress that eliminates duties and other restrictive regulations of commerce on substantially all the trade between the United States and 1 or more other countries.

The amendment made by this section shall apply to vehicles placed in service after the date of the enactment of this Act.