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US SB1229
Bill
AI Summary
- Repeals Section 30D of the Internal Revenue Code, eliminating the federal clean vehicle tax credit for electric vehicles
- Applies to all vehicles placed in service beginning in any calendar year after the date of enactment
- Makes conforming amendments to eight related sections of the tax code and Title 23 of the United States Code to remove references to the repealed credit
- Introduced by Senator Paul on April 1, 2025 and referred to the Senate Committee on Finance
Legislative Description
End Taxpayer Subsidies for Electric Vehicles Act
Taxation
Last Action
Read twice and referred to the Committee on Finance.
4/1/2025
Committee Referrals
Finance4/1/2025
Full Bill Text
No bill text available