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a time period of Tesla and GM purchases with lesser credit. This is termed the Exclusion Period
Watch them figure out a way to not include tax credits on Tesla cars. They already have 250,000 orders for the cybertruck with ZERO tax credits predicted.
Hope you can still edit. This is not the meaning of Exclusion Period. Exclusion period is when sales do not count against the official number capped at 600k.
EVs “sold during the exclusion period shall not be included for purposes of determining the number of such vehicles sold.”
On the upside, vehicles sold after 200k and before enactment do not count against the 600k phase out trigger threshold.
Cars in that period are excluded form count
because of happening prior to the Effective Date.and excluded from the the improved rebate levels.
Not a criticism. End result is what you describe. I am only trying to keep the Legal Terms straight so the discussion can be kept somewhat focused:
because of happening in the Exclusion Period...
because of happening prior to the Effective Date.
Remember that any one term is subject to redefinition during negotiations! We have to monitor every word (look at Texas, Michigan state law shenanigans for precedent).
Gotcha,
It helped me earlier today to view both effect as part of the same period. Based on the final text, the two could well be independent.
A Flow Chart might be able to capture all the scenarios... would it be a helpful work product to present to the round thread (to save verbosity) and the TwitterVerse (who desperately need visual aid)?
When is this likely to made law?