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Main Subject: Taxation

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.

House floor actions Actions

IntroReferral
Jan. 12 2023	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
Jan. 12 2023	Introduced in House Introduced in House

House bill HR327-118

To amend the Internal Revenue Code of 1986 to reduce the tax credit for new qualified plug-in electric drive motor vehicles by State subsidies for these vehicles.

House bill HR327-118

To amend the Internal Revenue Code of 1986 to reduce the tax credit for new qualified plug-in electric drive motor vehicles by State subsidies for these vehicles.

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