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Yup…confusing. We are kind of a gray zone period so I guess just hope for the best. Haha. Would suck big time not to get the credit.

Page 393 of bill… l) TRANSITION RULE.—Solely for purposes of the ap- 24 plication of section 30D of the Internal Revenue Code of 25 1986, in the case of a taxpayer that— †HR 5376 EAS 394 1 (1) after December 31, 2021, and before the date 2 of enactment of this Act, purchased, or entered into 3...

The Bill actually has some language that makes it sound like msrp and income limits take effect immediately after signing into law. It’s kind of unclear honestly. But it’s enough to have companies like Rivian make ‘binding’ contract reservations.

I personally feel that if you get the truck this year, you will be fine regardless of the wording in the bill. Binding had a very broad definition. For instance, you placed an order and put down a good faith deposit for a truck to be built so you can buy. The dealer (might depend on state)...