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136 STAT. 1961 PUBLIC LAW 117–169—AUG. 16, 2022 (ii) in paragraph (8), by inserting ‘‘, including any vehicle with respect to which the taxpayer elects the application of subsection (g)’’ before the period at the end. (h) TERMINATION.—Section 30D is amended by adding at the end the following: ‘‘(h) TERMINATION.—No credit shall be allowed under this sec- tion with respect to any vehicle placed in service after December 31, 2032.’’. (i) ADDITIONAL CONFORMING AMENDMENTS.— (1) The heading of section 30D is amended by striking ‘‘NEW QUALIFIED PLUG-IN ELECTRIC DRIVE MOTOR VEHICLES’’ and inserting ‘‘CLEAN VEHICLE CREDIT’’. (2) Section 30B is amended— (A) in subsection (h)(8), by striking ‘‘, except that no benefit shall be recaptured if such property ceases to be eligible for such credit by reason of conversion to a qualified plug-in electric drive motor vehicle’’, and (B) by striking subsection (i). (3) Section 38(b)(30) is amended by striking ‘‘qualified plug- in electric drive motor’’ and inserting ‘‘clean’’. (4) Section 6213(g)(2), as amended by the preceding provi- sions of this Act, is amended— (A) in subparagraph (R), by striking ‘‘and’’ at the end, (B) in subparagraph (S), by striking the period at the end and inserting ‘‘, and’’, and (C) by inserting after subparagraph (S) the following: ‘‘(T) an omission of a correct vehicle identification number required under section 30D(f)(9) (relating to credit for new clean vehicles) to be included on a return.’’. (5) Section 6501(m) is amended by striking ‘‘30D(e)(4)’’ and inserting ‘‘30D(f)(6)’’. (6) The table of sections for subpart B of part IV of sub- chapter A of chapter 1 is amended by striking the item relating to section 30D and inserting after the item relating to section 30C the following item: ‘‘Sec. 30D. Clean vehicle credit.’’. (j) GROSS-UP OF DIRECT SPENDING.—Beginning in fiscal year 2023 and each fiscal year thereafter, the portion of any credit allowed to an eligible entity (as defined in section 30D(g)(2) of the Internal Revenue Code of 1986) pursuant to an election made under section 30D(g) of the Internal Revenue Code of 1986 that is direct spending shall be increased by 6.0445 percent. (k) EFFECTIVE DATES.— (1) IN GENERAL.—Except as provided in paragraphs (2), (3), (4), and (5), the amendments made by this section shall apply to vehicles placed in service after December 31, 2022. (2) FINAL ASSEMBLY.—The amendments made by subsection (b) shall apply to vehicles sold after the date of enactment of this Act. (3) PER VEHICLE DOLLAR LIMITATION AND RELATED REQUIRE- MENTS.—The amendments made by subsections (a) and (e) shall apply to vehicles placed in service after the date on which the proposed guidance described in paragraph (3)(B) of section 30D(e) of the Internal Revenue Code of 1986 (as added by subsection (e)) is issued by the Secretary of the Treasury (or the Secretary’s delegate). Applicability. 26 USC 30D note. Effective dates. Time periods. 26 USC 30D note. 26 USC 27 prec. 26 USC 30D. VerDate Sep 11 2014 15:35 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00145 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw