A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Clean Vehicle Credits Under Sections 25E and 30D; Transfer of Credits; Critical Minerals and Battery Components; Foreign Entities of Concern".

This bill (SJRES 87) is a joint resolution seeking to block a specific rule issued by the Treasury Department. The rule, published May 6, 2024, established requirements for clean vehicle tax credits under IRS codes 25E and 30D, including rules about transferring credits, qualifying critical minerals/battery components, and restrictions on credits involving "Foreign Entities of Concern." The resolution would prevent this Treasury rule from taking effect by invoking a disapproval process under federal law. It directly affects the administration of federal tax credits for clean vehicles, not the credits themselves.