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New Federal Taxes on Electric Vehicle and Battery Sales.

This bill establishes new federal taxes on the sale of electric vehicles and heavy battery modules, which will likely result in increased purchase prices for consumers. The revenue generated from these taxes is specifically earmarked for transfer to the Highway Trust Fund, aiming to finance road maintenance and infrastructure. These new taxes will apply to sales occurring after December 31, 2025, and do not affect hybrid vehicles.
Key points
A fixed tax of $1,000 imposed on the sale of every new light-duty electric vehicle (excluding hybrids).
An additional $550 tax levied on heavy battery modules (weighing over 1,000 pounds) intended for use in electric vehicles.
All revenue collected from these new taxes will be dedicated to the Highway Trust Fund to support road infrastructure.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_536
Sponsor: Sen. Fischer, Deb [R-NE]
Process start date: 2025-02-12
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Fair SHARE Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_536.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-02-12.

What are the main provisions?

Key points include:

  • A fixed tax of $1,000 imposed on the sale of every new light-duty electric vehicle (excluding hybrids).
  • An additional $550 tax levied on heavy battery modules (weighing over 1,000 pounds) intended for use in electric vehicles.
  • All revenue collected from these new taxes will be dedicated to the Highway Trust Fund to support road infrastructure.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Fischer, Deb [R-NE].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-31.

CATEGORIES

Taxes Transport