ELITE Vehicles Act
Sponsored By: Senator John Barrasso
Introduced
Summary
Ends federal tax breaks for electric and other clean vehicles and for EV charging installations. This bill would repeal federal tax credits for new and used clean vehicles, commercial clean vehicles, and for electric vehicle recharging property.
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 1 benefits, 3 costs, 0 mixed.
Define tribal governments for energy deduction
If enacted, the bill would add a definition of "Indian tribal government" for the energy-efficient commercial building deduction. The definition uses the list of federally recognized tribes under the Federally Recognized Indian Tribe List Act of 1994. This would help named tribal governing bodies use the 179D deduction for qualifying commercial buildings.
Buyers lose new and used clean-car credits
If enacted, the bill would repeal the federal tax credits for new clean vehicles and for previously‑owned clean vehicles. The repeal would apply to vehicles purchased, or for which a binding written contract was entered into, more than 30 days after enactment. If you planned to claim these credits, your cost to buy a qualifying new or used clean car could be higher.
Homeowners, businesses lose EV charger credit
If enacted, the bill would remove electric vehicle recharging property from the federal refueling property tax credit. The change would apply to property purchased, or for which a binding written contract was entered into, more than 30 days after enactment. Homeowners, installers, and businesses that planned to use the credit could pay more to buy or install chargers.
Businesses lose commercial clean-vehicle credit
If enacted, the bill would repeal the federal tax credit for qualified commercial clean vehicles. The repeal would apply to vehicles purchased, or for which a binding written contract was entered into, more than 30 days after enactment. Businesses that planned to claim the credit could face higher after‑tax costs when buying those vehicles.
Sponsors & CoSponsors
Sponsor
John Barrasso
WY • R
Cosponsors
John Thune
SD • R
Sponsored 2/12/2025
Tom Cotton
AR • R
Sponsored 2/12/2025
Shelley Capito
WV • R
Sponsored 2/12/2025
James Lankford
OK • R
Sponsored 2/12/2025
Cynthia Lummis
WY • R
Sponsored 2/12/2025
Kevin Cramer
ND • R
Sponsored 2/12/2025
Tim Sheehy
MT • R
Sponsored 2/12/2025
Pete Ricketts
NE • R
Sponsored 2/12/2025
Joni Ernst
IA • R
Sponsored 2/12/2025
Bill Cassidy
LA • R
Sponsored 2/12/2025
Roger Marshall
KS • R
Sponsored 2/12/2025
Thomas Tillis
NC • R
Sponsored 2/12/2025
John Hoeven
ND • R
Sponsored 2/12/2025
Rick Scott
FL • R
Sponsored 2/12/2025
Roll Call Votes
No roll call votes available for this bill.
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