H.R. 327 · 118th Congress

Close the Double Subsidy Loophole for Electric Vehicles Act

Stage
In committee
Sponsor
Ron Estes
Introduced
2023-01-12
Latest action
2023-01-12 · 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.