Rand Paul (R-KY)

End Taxpayer Subsidies for Electric Vehicles Act

S. 1229 · Senate bill Taxation

A Republican bill with no cosponsors

Last activity — Read twice and referred to the Committee on Finance.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the ``End Taxpayer Subsidies for Electric Vehicles Act'', seeks to amend the Internal Revenue Code of 1986. The primary purpose of the legislation is to repeal the clean vehicle credit. It involves striking section 30D and making several conforming amendments to various other sections of the Code. These changes would affect how different parts of the tax code are structured. The amendments apply to vehicles placed in service during any calendar year beginning after the Act is enacted.

Yes

  • Scored +1

    Does this reduce what the federal government owes?

    Repealing the credit reduces federal tax revenue foregone, potentially reducing the deficit.

  • Scored +1

    Does this reduce what the federal government spends?

    Eliminating the subsidy reduces the fiscal cost of government incentive programs.

  • Scored +1

    Does this make the government pay for what it commits to?

    The bill reduces spending by eliminating specific tax expenditures.

The opposite· 3 of 7

  • Scored -3

    Does this cut the pollution that drives climate change?

    Removing EV incentives may slow the transition away from fossil fuels, potentially increasing emissions.

  • Scored -2

    Does this put more money into wind, solar and other renewable power?

    The bill removes a key incentive for consumer adoption of renewable energy-powered vehicles.

  • Scored -2

    Would households on low incomes be better off under this?

    Loss of tax credits may increase the relative cost of purchasing electric vehicles for these households.