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HR 312 - 119

Restoring Vehicle Market Freedom Act of 2025

Referred to the House Committee on Ways and Means.

Bill Text Stats

8
Analyzed sections
N/A
Detected dollar total
3
Tax signals
5
Deadlines

Signal counts

Tax density 37.5%
Spending density 0.0%
Amendments 28
Deadline 5
Tax 3
Statutory Reference 1

Top agencies

N/A

Statutory references

Public Law 117-169 1

Affected Sectors

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Finance and banking
10 evidence matches
Impact 93% Confidence 74%

is amended by SEC. 4. REPEAL OF ALTERNATIVE MOTOR VEHICLE CREDIT. (a) In General.--Subpart B of part IV of subchapter A of chapter 1 of subtitle A is amended by repealing section 30B (and the table of sections for such subpart is amended by

on 4. Repeal of alternative motor vehicle credit (a) In general Subpa

is amended by SEC. 3. REPEAL OF PREVIOUSLY OWNED CLEAN VEHICLE CREDIT. (a) In General.--Subpart A of part IV of subchapter A of chapter 1 of subtitle A is amended by repealing section 25E (and the table of sections for such subpart is amend

Energy
2 evidence matches
Impact 82% Confidence 73%

ection 6. Repeal of new qualified plug-in electric drive motor vehicle credit (a) I

is amended by SEC. 6. REPEAL OF NEW QUALIFIED PLUG-IN ELECTRIC DRIVE MOTOR VEHICLE CREDIT. (a) In General.--Subpart B of part IV of subchapter A of chapter 1 of subtitle A is amended by repealing section 30D (and the table of sections for s

CBO Cost Estimates

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Campaign Finance Context

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Lobbying Context

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Summary

00 Introduced in House Mar 25, 2025

Restoring Vehicle Market Freedom Act of 2025 This bill repeals federal tax credits for the purchase of certain clean vehicles (generally electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles) and certain vehicle refueling property. Specifically, the bill repeals the federal tax credits for the purchase of a qualified used clean vehicle (tax credit of up to $4,000 for the purchase of a previously-owned clean vehicle before 2033), the purchase of a qualified new clean vehicle (tax credit of up to $7,500 for the purchase of a new clean vehicle before 2033), the purchase of a qualified commercial clean vehicle (business tax credit of up to $40,000 for the purchase of a commercial clean vehicle before 2033), and alternative fuel vehicle refueling property (tax credit of up to $1,000 for individuals or up to $100,000 for businesses for the installation of property before 2033 used to store or dispense clean-burning fuel or to recharge electric vehicles).

Sponsors

Timeline

Jan 9, 2025

Introduced in House

Jan 9, 2025

Introduced in House

Jan 9, 2025

Referred to the House Committee on Ways and Means.

House Votes

No House roll call votes have been linked to this bill yet.

Amendments

No amendment records are currently available for this bill.
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