H.R. 3303 · 117th Congress

Close the Double Subsidy Loophole for Electric Vehicles Act

Stage
In committee
Sponsor
Ron Estes
Introduced
2021-05-18
Latest action
2021-05-18 · Introduced in House

Summary

Close the Double Subsidy Loophole for Electric Vehicles Act

This bill reduces the allowable amount of the tax credit for a new qualified plug-in electric drive motor vehicle by any subsidy made available by the state in which the vehicle is registered and was placed in service.