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136 STAT. 1964 PUBLIC LAW 117–169—AUG. 16, 2022 ‘‘(f) TRANSFER OF CREDIT.—Rules similar to the rules of section 30D(g) shall apply.’’. (c) CONFORMING AMENDMENTS.—Section 6213(g)(2), as amended by the preceding provisions of this Act, is amended— (1) in subparagraph (S), by striking ‘‘and’’ at the end, (2) in subparagraph (T), by striking the period at the end and inserting ‘‘, and’’, and (3) by inserting after subparagraph (T) the following: ‘‘(U) an omission of a correct vehicle identification number required under section 25E(d) (relating to credit for previously-owned clean vehicles) to be included on a return.’’. (d) CLERICAL AMENDMENT.—The table of sections for subpart A of part IV of subchapter A of chapter 1 is amended by inserting after the item relating to section 25D the following new item: ‘‘Sec. 25E. Previously-owned clean vehicles.’’. (e) EFFECTIVE DATE.— (1) IN GENERAL.—Except as provided in paragraph (2), the amendments made by this section shall apply to vehicles acquired after December 31, 2022. (2) TRANSFER OF CREDIT.—The amendments made by sub- section (b) shall apply to vehicles acquired after December 31, 2023. SEC. 13403. QUALIFIED COMMERCIAL CLEAN VEHICLES. (a) IN GENERAL.—Subpart D of part IV of subchapter A of chapter 1, as amended by the preceding provisions of this Act, is amended by adding at the end the following new section: ‘‘SEC. 45W. CREDIT FOR QUALIFIED COMMERCIAL CLEAN VEHICLES. ‘‘(a) IN GENERAL.—For purposes of section 38, the qualified commercial clean vehicle credit for any taxable year is an amount equal to the sum of the credit amounts determined under subsection (b) with respect to each qualified commercial clean vehicle placed in service by the taxpayer during the taxable year. ‘‘(b) PER VEHICLE AMOUNT.— ‘‘(1) IN GENERAL.—Subject to paragraph (4), the amount determined under this subsection with respect to any qualified commercial clean vehicle shall be equal to the lesser of— ‘‘(A) 15 percent of the basis of such vehicle (30 percent in the case of a vehicle not powered by a gasoline or diesel internal combustion engine), or ‘‘(B) the incremental cost of such vehicle. ‘‘(2) INCREMENTAL COST.—For purposes of paragraph (1)(B), the incremental cost of any qualified commercial clean vehicle is an amount equal to the excess of the purchase price for such vehicle over such price of a comparable vehicle. ‘‘(3) COMPARABLE VEHICLE.—For purposes of this sub- section, the term ‘comparable vehicle’ means, with respect to any qualified commercial clean vehicle, any vehicle which is powered solely by a gasoline or diesel internal combustion engine and which is comparable in size and use to such vehicle. ‘‘(4) LIMITATION.—The amount determined under this sub- section with respect to any qualified commercial clean vehicle shall not exceed— ‘‘(A) in the case of a vehicle which has a gross vehicle weight rating of less than 14,000 pounds, $7,500, and Definition. 26 USC 45W. Applicability. 26 USC 25E note. 26 USC 21 prec. Applicability. VerDate Sep 11 2014 15:35 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00148 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw