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 joint resolution would overturn a Department of the Treasury rule that defines which electric vehicles (EVs) qualify for federal tax credits. Specifically, the bill seeks to block a regulation that allows certain EV batteries to contain materials sourced from "foreign entities of concern," such as companies with ties to China or Russia, while still remaining eligible for consumer tax breaks through 2026.

If passed, this measure would likely reduce the number of electric vehicle models eligible for the $7,500 federal tax credit by enforcing stricter requirements on where battery minerals and components are sourced. For everyday citizens, this could mean fewer options for discounted EVs in the short term as automakers work to move their supply chains out of prohibited countries.