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Ending Taxpayer Subsidies for Electric Vehicles: Repeal of Clean Vehicle Credit

This bill aims to repeal Section 30D of the Internal Revenue Code, which provides for the clean vehicle credit. The legislation removes provisions related to this credit and makes conforming amendments to other sections of the code. The changes are to apply to vehicles placed in service during any calendar year beginning after the date of enactment of the Act.
Key points
Tax Credit Repeal: Repeal of Section 30D of the Internal Revenue Code, which relates to the clean vehicle credit.
Conforming Amendments: Removal of references to the repealed section in other parts of the Internal Revenue Code and the United States Code (Title 23).
Effective Date: The changes will apply to vehicles placed in service during any calendar year beginning after the date of enactment of this Act.
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Additional Information
Print number: 118_S_3016
Sponsor: Sen. Paul, Rand [R-KY]
Process start date: 2023-10-04