End Taxpayer Subsidies for Electric Vehicles Act

Summary

End Taxpayer Subsidies for Electric Vehicles Act This bill eliminates the tax credit for the purchase of a qualified new clean vehicle.  Under current law, a nonrefundable tax credit of up to $7,500 is allowed for the purchase of a vehicle that is acquired new and for use by the taxpayer; is made by a qualified manufacturer; weighs less than 14,000 pounds; is manufactured primarily for use on public streets, roads, and highways; is powered significantly by an electric motor with a battery capacity of seven kilowatt hours or more; is capable of being recharged from an external source of electricity; and has final assembly occurring within North America.  

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 October 2023

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 October 2023

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• Introduced in Senate

  summary · EN · 4 October 2023

  Open at official source

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