summary
Introduced
05/30/2023
05/30/2023
In Committee
05/30/2023
05/30/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to repeal certain credits relating to alternative fuel vehicles.
AI Summary
This bill, the Restoring Vehicle Market Freedom Act of 2023, aims to repeal several tax credits related to alternative fuel vehicles and refueling infrastructure. Specifically, it would eliminate the credits for previously owned clean vehicles, alternative motor vehicles, alternative fuel vehicle refueling property, new qualified plug-in electric drive motor vehicles, and qualified commercial clean vehicles. These changes would apply to vehicles and property acquired or placed in service after the enactment of the bill. The bill also includes conforming amendments to update the Internal Revenue Code to reflect the removal of these tax credits.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Referred to the House Committee on Ways and Means. (on 05/30/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/3754/all-info |
| BillText | https://www.congress.gov/118/bills/hr3754/BILLS-118hr3754ih.pdf |
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