Fair SHARE Act of 2025

This bill, called the Fair Sharing of Highways and Roads for Electric Vehicles Act of 2025, would change federal tax law to add a new tax on the sale of electric vehicles and on EV batteries. It does this by creating a new tax section titled “Tax on Electric Vehicles and Batteries” in the tax code.

Key points

• Who is affected: People and businesses that buy or sell electric vehicles and stand‑alone EV batteries.
• What changes: A new federal tax would apply to these sales, under a new section of the tax code.
• When: The provided text does not list the start date or the tax rate.