End Taxpayer Subsidies for Electric Vehicles Act

Hozzl · 2025-04-06T04:38:22Z

Explore the details of House Bill 2566 End Taxpayer Subsidies for Electric Vehicles Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

4/6/2025, 4:38 AM

Summary of Bill HR 2566

Bill 119 HR 2566, also known as the Clean Vehicle Credit Repeal Act, aims to amend the Internal Revenue Code of 1986 by repealing the clean vehicle credit. This credit was originally put in place to incentivize the purchase of environmentally friendly vehicles, such as electric or hybrid cars.

If this bill is passed, the clean vehicle credit would no longer be available to taxpayers looking to offset the cost of purchasing a clean vehicle. This could potentially impact the sales and adoption of clean vehicles in the United States.

Supporters of the bill argue that the clean vehicle credit is no longer necessary as the market for clean vehicles has grown significantly in recent years and that the credit is no longer an effective way to promote the adoption of clean vehicles. Opponents of the bill, on the other hand, argue that repealing the clean vehicle credit could slow down the transition to cleaner transportation options and hinder efforts to combat climate change. Overall, the passage of Bill 119 HR 2566 would mean the end of the clean vehicle credit, potentially impacting the adoption of clean vehicles in the United States.

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Current Status of Bill HR 2566

Bill HR 2566 is currently in the status of Bill Introduced since April 1, 2025. Bill HR 2566 was introduced during Congress 119 and was introduced to the House on April 1, 2025. Bill HR 2566's most recent activity was Referred to the House Committee on Ways and Means. as of April 1, 2025

Bipartisan Support of Bill HR 2566

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Policy Area and Potential Impact of Bill HR 2566

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Alternate Title(s) of Bill HR 2566

To amend the Internal Revenue Code of 1986 to repeal the clean vehicle credit.To amend the Internal Revenue Code of 1986 to repeal the clean vehicle credit.

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