1. Short title This Act may be cited as the Electric Motorcycle Parity Act of 2023 . 2. Expansion of new clean vehicle credit to include clean vehicles with fewer than 4 wheels (a) In general Section 30D of the Internal Revenue Code of 1986, as amended by section 13401 of Public Law 117–169 , is amended— (1) by redesignating subsection (h) as subsection (i), and (2) by inserting after subsection (g) the following: (h) Credit allowed for clean vehicles with fewer than 4 wheels (1) In general In the case of a qualified clean vehicle with fewer than 4 wheels— (A) there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the sum of the applicable amount with respect to each such qualified clean vehicle with fewer than 4 wheels placed in service by the taxpayer during the taxable year, and (B) the amount of the credit allowed under subparagraph (A) shall be treated as a credit allowed under subsection (a). (2) Applicable amount For purposes of paragraph (1), the applicable amount is an amount equal to the sum of— (A) in the case of a vehicle with respect to which the requirement described in subsection (e)(1)(A) is satisfied, $3,750, plus (B) in the case of a vehicle with respect to which the requirement described in subsection (e)(2)(A) is satisfied, $3,750. (3) Qualified clean vehicle with fewer than 4 wheels The term qualified clean vehicle with fewer than 4 wheels means any vehicle which— (A) has fewer than 4 wheels, (B) meets the requirements of— (i) subparagraphs (A), (B), (C), (E), (F), (G), and (H) of subsection (d)(1) (determined by substituting 2.5 kilowatt hours for 7 kilowatt hours in subparagraph (F)(i) of such subsection), or (ii) subparagraphs (A), (C), (D), and (E) of section 30B(b)(3) and subparagraphs (G) and (H) of subsection (d)(1), (C) is manufactured primarily for use on public streets, roads, and highways, and (D) is capable of achieving a speed of 45 miles per hour or greater. . (b) Effective date The amendments made by this section