No Tax Credits for Government Electric Vehicle Purchases
This bill aims to stop tax credits for sellers of electric vehicles if those vehicles are purchased by the federal, state, or local government. This means taxpayer money will no longer be used to subsidize government purchases of electric vehicles. These changes will apply to tax years beginning after the bill becomes law.
Key points
Sellers of electric vehicles will not receive tax credits if sold to federal, state, or local governments.
The goal is to stop using taxpayer money to subsidize government EV purchases.
These changes apply to tax years starting after the law's enactment.
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