A new tax credit for previously owned clean vehicles equal to the lesser of $4,000 or 30% of the sale price. Threshold amount is $150,000 for a family, $112,500 for a head of household, and $75,000 for an individual. For a sale to qualify, vehicle must by sold by a dealer and not exceed a sale price of $25,000. Credit is available after December 31, 2022 and credit can be transferred (meaning it is available at the point of purchase) beginning in 2024.