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Repeals section 45W (credit for qualified commercial clean vehicles) from Subpart D of part IV of subchapter A of chapter 1 of subtitle A and removes the related table entry.
Strikes paragraph (37) of section 38(b).
Amends section 6213(g)(2) by adding at the end after the comma in subparagraph (R), by striking at the end and inserting a period in subparagraph (S) (as amended by section 6(b)(5)), and by striking subparagraph (V).
Repeals section 30D of the Internal Revenue Code, removing the qualified plug-in electric drive motor vehicle credit.
Repeals section 30C (the alternative fuel vehicle refueling property credit) from Subpart B of part IV of subchapter A of chapter 1 of subtitle A and removes the item from the table of sections for that subpart.
Strikes paragraph (36) of subsection (a) of section 1016.
Amends clause (c)(3) of section 55 by striking the phrase "sections 30(d)(2) and" and inserting "section".
Further amends subsection (m) of section 6501 by striking specified text (the exact text to be struck is not shown in this section).
Repeals 26 U.S.C. §30B (the alternative motor vehicle credit) and removes the corresponding item from the table of sections for Subpart B of part IV of subchapter A of chapter 1.
Repeals section 25E (the previously owned clean vehicle credit) from subpart A of part IV of subchapter A of chapter 1 of subtitle A and removes the corresponding item from the table of sections.
Repeals multiple federal tax credits and related code entries that support clean vehicles and vehicle refueling property. The bill strikes credits for previously owned clean vehicles, the alternative motor vehicle credit, tax incentives for refueling property, the new plug‑in electric vehicle credit, and the qualified commercial clean vehicle credit; the repeals take effect for vehicles or property acquired or placed in service after enactment. The Act also makes conforming technical changes to other Internal Revenue Code provisions and internal tables of sections.
Referred to the House Committee on Ways and Means.
Introduced January 9, 2025 by Scott Perry · Last progress January 9, 2025