Bill · S. 1229· Senate(119-S-1229)
End Taxpayer Subsidies for Electric Vehicles Act
- Introduced
- 4/1/2025
- Last activity
- 4/1/2025 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Rand Paul
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, titled the ``End Taxpayer Subsidies for Electric Vehicles Act'', seeks to amend the Internal Revenue Code of 1986. The primary purpose of the legislation is to repeal the clean vehicle credit. It involves striking section 30D and making several conforming amendments to various other sections of the Code. These changes would affect how different parts of the tax code are structured. The amendments apply to vehicles placed in service during any calendar year beginning after the Act is enacted.
Yes
Does this reduce what the federal government owes?+1
Repealing the credit reduces federal tax revenue foregone, potentially reducing the deficit.
Does this reduce what the federal government spends?+1
Eliminating the subsidy reduces the fiscal cost of government incentive programs.
Does this make the government pay for what it commits to?+1
The bill reduces spending by eliminating specific tax expenditures.
The opposite· 3 of 7
Does this cut the pollution that drives climate change?-3
Removing EV incentives may slow the transition away from fossil fuels, potentially increasing emissions.
Does this put more money into wind, solar and other renewable power?-2
The bill removes a key incentive for consumer adoption of renewable energy-powered vehicles.
Would households on low incomes be better off under this?-2
Loss of tax credits may increase the relative cost of purchasing electric vehicles for these households.
Who it would affect, and how
Potential Positive Impacts for People
The provided text does not contain information explaining the potential positive outcomes or benefits for individuals or groups of people.
Potential Negative Impacts for People
The provided text does not contain information explaining the potential negative consequences or burdens for individuals or groups of people.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Reduces Carbon Emissions-3Increases Renewable Energy Investment-2Improves Environmental Protections-1
- Demographic And Interest Groups
- Good For Low Income Households-2Good For Middle Class Households-2Good For Union Workers-1
- Economy And Finance
- Improves Fiscal Responsibility+1Reduces Government Spending+1Reduces National Debt+1Increases Job Creation-2
- 4/1/2025
- Read twice and referred to the Committee on Finance.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.