Search Results: keywords:"electric vehicle incentives"

  • H. R. 2566 — To amend the Internal Revenue Code of 1986 to repeal the clean vehicle credit.
    Status:Introduced in House
    Words:519

    H.R. 2566, introduced in the House of Representatives on April 1, 2025, aims to amend the Internal Revenue Code of 1986 by repealing the clean vehicle credit. This legislation, titled the “End Taxpayer Subsidies for Electric Vehicles Act,” seeks to eliminate section 30D of the tax code, which...

    Simple Explanation

    H.R. 2566 is a plan to stop giving tax money to help people buy cleaner cars. If this happens, it might make it harder for people to buy cars that are better for the Earth.

  • S. 541 — To amend the Internal Revenue Code of 1986 to repeal the credit for new clean vehicles, and for other purposes.
    Status:Introduced in Senate
    Words:1,246

    The bill, titled the Eliminate Lavish Incentives To Electric Vehicles Act or the ELITE Vehicles Act, proposes to change the U.S. Internal Revenue Code by eliminating tax credits provided for the purchase of new, previously-owned, and commercial clean...

    Simple Explanation

    The ELITE Vehicles Act wants to stop giving money back to people who buy new, used, or commercial electric cars. It also wants to stop helping people who set up places to charge electric cars.