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Bill > S3016


US S3016

US S3016
End Taxpayer Subsidies for Electric Vehicles Act


summary

Introduced
10/04/2023
In Committee
10/04/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to amend the Internal Revenue Code of 1986 to repeal the clean vehicle credit.

AI Summary

This bill, the "End Taxpayer Subsidies for Electric Vehicles Act," proposes to repeal the clean vehicle credit, which is a tax credit that currently allows taxpayers to claim a credit for the purchase of certain electric and hybrid vehicles. The bill would remove this credit from the Internal Revenue Code and make conforming amendments to other sections of the tax code that reference the credit. The amendments made by this bill would apply to vehicles placed in service after the date of the bill's enactment.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Read twice and referred to the Committee on Finance. (on 10/04/2023)

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