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S.1229 · 119TH CONGRESS

End Taxpayer Subsidies for Electric Vehicles Act

Status
In Committee
Latest Action
2025-04-01
Sponsor
Paul, Rand (R-Kentucky)
Official Source
Investability
29/100
Stage
COMMITTEE
Related Bills
1
Full Text
2,279 chars
Alive
Yes

What This Bill Does · Plain English

GovGreed Synthesis · AI extraction
This bill repeals the clean vehicle tax credit (Internal Revenue Code section 30D), which provides a tax credit for purchasing qualifying electric vehicles. The repeal applies to vehicles placed in service in calendar years beginning after the bill's enactment, effectively ending the federal subsidy for electric vehicle purchases.

Action Timeline

2025-04-01
Read twice and referred to the Committee on Finance.
2025-04-01
Introduced in Senate

Frequently Asked Questions

Did S.1229 pass?
S.1229 is still alive. Current stage: COMMITTEE. Pass likelihood: 29%.
What does S.1229 do?
This bill repeals the clean vehicle tax credit (Internal Revenue Code section 30D), which provides a tax credit for purchasing qualifying electric vehicles. The repeal applies to vehicles placed in service in calendar years beginning after the bill's enactment, effectively ending the federal subsidy for electric vehicle purchases.
Who sponsored S.1229?
S.1229 was sponsored by Rand Paul (R-Kentucky).

Full Bill Text

119 S1229 IS: End Taxpayer Subsidies for Electric Vehicles Act U.S. Senate 2025-04-01 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 1st Session S. 1229 IN THE SENATE OF THE UNITED STATES April 1 (legislative day, March 31), 2025 Mr. Paul introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to repeal the clean vehicle credit. 1. Short title This Act may be cited as the End Taxpayer Subsidies for Electric Vehicles Act . 2. Repeal of clean vehicle credit (a) In general Subpart B of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by striking section 30D (and by striking the item relating to such section in the table of sections for such subpart). (b) Conforming amendments (1) Section 30B(d)(3) of the Internal Revenue Code of 1986 is amended by striking subparagraph (D). (2) Section 38(b) of such Code is amended by striking paragraph (30). (3) Section 179D(d)(3)(B)(ii) of such Code is amended by inserting , as in effect on the day before the date of the enactment of the End Taxpayer Subsidies for Electric Vehicles Act after section 30D(g)(9) . (4) Section 1016(a) of such Code is amended— (A) in paragraph (36), by adding and at the end, (B) by striking paragraph (37), and (C) by redesignating paragraph (38) as paragraph (37). (5) Section 6213(g)(2) of such Code is amended by striking subparagraph (T). (6) Section 6417(d)(1)(A)(iv) of such Code is amended by inserting , as in effect on the day before the date of the enactment of the End Taxpayer Subsidies for Electric Vehicles Act after section 30D(g)(9) . (7) Section 6501(m) of such Code is amended by striking 30D(f)(6), . (8) Section 166(b)(5)(A)(ii) of title 23, United States Code, is amended by inserting , as in effect on the day before the date of the enactment of the End Taxpayer Subsidies for Electric Vehicles Act after section 30D(d)(1) of the Internal Revenue Code of 1986 . (c) Effective date The amendments made by this section shall apply to vehicles placed in service during any calendar year beginning after the date of enactment of this Act.
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Bill text sourced from GovInfo.gov · public domain · last updated 2026-08-28. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]