U.S. Senator Bill Hagerty (R-TN) has announced the introduction of the No EV Credits for Idle Allies Act, which would exclude EU countries from U.S. EV tax credits until they contribute an equal percent of GDP in support of the war in Ukraine.
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HAGERTY, COTTON, COLLEAGUES INTRODUCE LEGISLATION TO PREVENT TAX CREDITS FOR EUROPEAN COUNTRIES WITHOUT INCREASED SUPPORT FOR UKRAINE
April 24, 2023
BOSTON, MA—United States Senator Bill Hagerty (R-TN), a member of the Senate Foreign Relation…