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S 541 · in committee · significant

ELITE Vehicles Act

What this bill does

  • This bill eliminates federal tax credits for purchasing electric vehicles and plug-in hybrid vehicles.
  • It affects consumers buying new or used electric vehicles and businesses buying commercial clean vehicles.
  • The bill removes tax credits worth up to $7,500 for new vehicles and $4,000 for used vehicles before 2033.

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Community Threads

Started by Cosponsor

  1. 01

    How would eliminating the $7,500 tax credit affect EV adoption rates among middle-income households compared to wealthy buyers who are less price-sensitive?

  2. 02

    What evidence exists that removing federal EV tax credits would reduce domestic electric vehicle manufacturing and jobs in states that produce these vehicles?

  3. 03

    How would this policy change affect the timeline and cost for achieving national emissions reduction targets that currently rely on EV incentives?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-WY

John Barrasso

Citizen cosponsors

0

In Congress

14/ 100

Senators cosponsoring

Introduced 2025-02-12

Joining the bill

+ 2 more

Legislative timeline

  1. 2025-02-12 · senate · IntroReferral

    Read twice and referred to the Committee on Finance.

  2. 2025-02-12 · IntroReferral

    Introduced in Senate

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