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Rescinding EV Charging Funds and Limiting Grants for Deficit Reduction.

This act aims to withdraw unused funds allocated for electric vehicle charging and fueling stations, as well as national EV infrastructure programs. These funds will be deposited into the general treasury to reduce the national deficit. Citizens might experience a slower expansion of EV infrastructure, but it will contribute to national debt reduction.
Key points
Rescission of unobligated funds for EV charging and fueling grants.
Cancellation of unobligated funds from the National Electric Vehicle Infrastructure Formula Program.
Redirection of recovered funds to the general treasury for deficit reduction.
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Additional Information
Print number: 118_HR_7273
Sponsor: Rep. Burlison, Eric [R-MO-7]
Process start date: 2024-02-07