arrow_back Back to App

New Federal Tax on Electric Vehicles and Large Batteries.

This bill establishes new federal excise taxes applied to the sale of new, non-hybrid electric vehicles and large battery modules. The goal is to ensure that EV owners contribute revenue directly to the Highway Trust Fund, which finances road maintenance and infrastructure projects. These changes take effect after December 31, 2023.
Key points
A new $1,000 tax imposed on the sale of every new electric vehicle (excluding plug-in hybrids).
An additional $550 tax applied to large battery modules weighing over 1,000 pounds.
All revenue generated from these taxes will be directed to the Highway Trust Fund for road and infrastructure financing.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_2882
Sponsor: Sen. Fischer, Deb [R-NE]
Process start date: 2023-09-21