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No Subsidies for Government Purchases of Electric Vehicles Act
12/15/2023, 3:53 PM
Summary of Bill HR 326
Bill 118 hr 326, also known as the No Subsidies for Government Purchases of Electric Vehicles Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to prohibit the use of federal subsidies for the purchase of electric vehicles by government agencies.
If passed, this bill would prevent government entities from using taxpayer money to buy electric vehicles at a discounted rate. Supporters of the bill argue that government agencies should not receive special treatment when it comes to purchasing electric vehicles, and that they should pay the full market price like any other consumer.
Opponents of the bill, on the other hand, believe that government agencies should be encouraged to adopt more environmentally friendly vehicles, such as electric cars, and that subsidies can help offset the higher upfront costs of these vehicles. Overall, the No Subsidies for Government Purchases of Electric Vehicles Act is a controversial piece of legislation that raises important questions about the role of government subsidies in promoting the adoption of electric vehicles. It will be interesting to see how this bill progresses through Congress and what impact it may have on the future of electric vehicle adoption in the United States.
If passed, this bill would prevent government entities from using taxpayer money to buy electric vehicles at a discounted rate. Supporters of the bill argue that government agencies should not receive special treatment when it comes to purchasing electric vehicles, and that they should pay the full market price like any other consumer.
Opponents of the bill, on the other hand, believe that government agencies should be encouraged to adopt more environmentally friendly vehicles, such as electric cars, and that subsidies can help offset the higher upfront costs of these vehicles. Overall, the No Subsidies for Government Purchases of Electric Vehicles Act is a controversial piece of legislation that raises important questions about the role of government subsidies in promoting the adoption of electric vehicles. It will be interesting to see how this bill progresses through Congress and what impact it may have on the future of electric vehicle adoption in the United States.
Congressional Summary of HR 326
No Subsidies for Government Purchases of Electric Vehicles Act
This bill disallows a tax credit for qualified plug-in electric drive motor vehicles that are sold to the federal government or a state government.
Read the Full Bill
Current Status of Bill HR 326
Bill HR 326 is currently in the status of Bill Introduced since January 12, 2023. Bill HR 326 was introduced during Congress 118 and was introduced to the House on January 12, 2023. Bill HR 326's most recent activity was Referred to the House Committee on Ways and Means. as of January 12, 2023
Bipartisan Support of Bill HR 326
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
0Republican Cosponsors
4Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 326
Primary Policy Focus
TaxationPotential Impact Areas
- Hybrid, electric, and advanced technology vehicles
- Motor vehicles
- Public contracts and procurement
- Tax administration and collection, taxpayers
Alternate Title(s) of Bill HR 326
No Subsidies for Government Purchases of Electric Vehicles Act
No Subsidies for Government Purchases of Electric Vehicles Act
To amend the Internal Revenue Code of 1986 to prohibit the seller of an electric vehicle from being treated as the taxpayer that placed such vehicle in service and taking the electric vehicle tax credit if such vehicle is sold to the Federal Government.
Comments
Sponsors and Cosponsors of HR 326
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