End of Tax Credits for Electric Vehicles and Charging Stations
This bill aims to terminate tax credit programs that currently reduce the cost of purchasing new and used electric vehicles, as well as commercial electric vehicles. This means that after the bill becomes law, citizens will no longer be able to claim these credits, which may affect the purchase price of such vehicles. Additionally, credits for electric vehicle charging stations will also be eliminated.
Key points
Termination of tax credits for new electric vehicle purchases.
Termination of tax credits for used electric vehicle purchases.
Termination of tax credits for qualified commercial clean vehicles.
Exclusion of electric vehicle recharging property from alternative fuel vehicle refueling property credit.
Status:
Expired
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