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Introduced on April 1, 2025 by Rand Paul
This bill ends the federal tax credit for buying a “clean vehicle.” It repeals the clean vehicle credit in the tax code and makes related clean-up changes to remove cross-references. This means people would no longer be able to claim that credit when they buy qualifying vehicles, like many electric cars.
The change would apply starting with the first full calendar year after the bill becomes law. In other words, vehicles put into service in years that begin after the enactment date would not qualify for the credit.