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S 3016 · 118th Congress

End Taxpayer Subsidies for Electric Vehicles Act

<p><strong>End Taxpayer Subsidies for Electric Vehicles Act</strong></p><p>This bill eliminates the tax credit for the purchase of a qualified new clean vehicle.&nbsp;</p><p>Under current law, a nonrefundable tax credit of up to $7,500 is allowed for the purchase of a vehicle that</p><ul><li>is acquired new and for…

Sponsor
Paul, Rand (R-KY)
Introduced
2023-10-04
Policy area
Taxation
Latest action
Read twice and referred to the Committee on Finance.

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