The bill that was passed into law
https://www.congress.gov/bill/117th-...bill/5376/text
...
(g) TRANSFER OF CREDIT.—
(1) IN GENERAL.—Section 30D is amended by striking subsection (g) and inserting the following:
‘‘(g) TRANSFER OF CREDIT.—
‘‘(1) IN GENERAL.—Subject to such regulations or other guidance as the Secretary determines necessary, if the taxpayer
who acquires a new clean vehicle elects the application of
this subsection with respect to such vehicle,
the credit which
would (but for this subsection) be allowed to such taxpayer
with respect to such vehicle shall be allowed to the eligible
entity specified in such election (and not to such taxpayer).
‘‘(2) ELIGIBLE ENTITY.—For purposes of this subsection, the
term ‘eligible entity’ means, with respect to the vehicle for
which the credit is allowed under subsection (a), the dealer
which sold such vehicle to the taxpayer and has—
‘‘(A) subject to paragraph (4), registered with the Secretary for purposes of this paragraph, at such time, and
in such form and manner, as the Secretary may prescribe,
‘‘(B) prior to the election described in paragraph (1)
and not later than at the time of such sale, disclosed
to the taxpayer purchasing such vehicle—
‘‘(i) the manufacturer’s suggested retail price,
‘‘(ii) the value of the credit allowed and any other
incentive available for the purchase of such vehicle,
and
‘‘(iii) the amount provided by the dealer to such
taxpayer as a condition of the election described in
paragraph (1),
‘‘(C) not later than at the time of such sale, made
payment to such taxpayer (whether in cash or in the form
of a partial payment or down payment for the purchase
of such vehicle) in an amount equal to the credit otherwise
allowable to such taxpayer, and
‘‘(D) with respect to any incentive otherwise available
for the purchase of a vehicle for which a credit is allowed
under this section, including any incentive in the form
of a rebate or discount provided by the dealer or manufacturer, ensured that—
‘‘(i) the availability or use of such incentive shall
not limit the ability of a taxpayer to make an election
described in paragraph (1), and
‘‘(ii) such election shall not limit the value or use
of such incentive.