End of Tax Credits for Electric Vehicles and Charging Stations
This bill aims to terminate tax credit programs that currently reduce the cost of purchasing new and used electric vehicles, as well as commercial clean vehicles. It also means there will no longer be credits for installing electric vehicle charging property. These changes may impact decisions regarding EV purchases and charging infrastructure investments.
Key points
Ends tax credits for purchasing new clean vehicles.
Ends tax credits for purchasing previously-owned clean vehicles.
Ends tax credits for purchasing qualified commercial clean vehicles.
Excludes electric vehicle recharging property from alternative fuel vehicle refueling property credit.
Changes apply to vehicles and property purchased or contracted for after 30 days from enactment.
Status:
Introduced
Civic Will
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens
(explained here).
Start recording it now.