RepublicanBill · H.R. 1367· House(119-HR-1367)

ELITE Vehicles Act

Rep. Arrington
Age: 54 years
Texas
Introduced
2/14/2025
Last activity
2/14/2025 — Referred to the House Committee on Ways and Means.
Sponsored by
Jodey Arrington
Cosponsors
Republican - 13Democrat - 0
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "ELITE Vehicles Act," aims to amend the Internal Revenue Code of 1986. The primary goal is to repeal several existing tax credits related to clean vehicles. Specifically, it seeks to eliminate the credit for new clean vehicles, the credit for previously-owned clean vehicles, and the credit for qualified commercial clean vehicles. Additionally, the bill would exclude electric vehicle recharging property from the alternative fuel vehicle refueling property credit. These changes would take effect 30 days after the Act is enacted for applicable purchases or contracts.

Yes

  • Does this reduce what the federal government owes?+2

    The bill reduces federal spending by repealing several clean vehicle tax credits.

  • Does this reduce what the federal government spends?+2

    The bill reduces government spending by eliminating tax credit outlays.

  • Does this make the government pay for what it commits to?+2

    The bill improves fiscal responsibility by reducing the amount of tax revenue foregone through credits.

The opposite· 3 of 12

  • Does this cut the pollution that drives climate change?-5

    The repeal of electric vehicle incentives likely reduces the adoption of zero-emission vehicles, potentially increasing carbon emissions.

  • Would households on low incomes be better off under this?-3

    Removing clean vehicle tax credits makes electric vehicles less affordable for low-income households.

  • Would middle-income households be better off under this?-3

    The bill eliminates tax credits that lower the cost of new and used clean vehicles for middle-income families.