119th Congress
H.R. 312
Restoring Vehicle Market Freedom Act of 2025
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Scott Perry(R-PA)
- Introduced
- Jan 9, 2025
- Policy area
- Taxation
- Committees
- House Committee on Ways and Means
- Official text
- Introduced in House · Congress.gov page
Cosponsors (2)
Original cosponsors (2)
- Andrew Ogles (R-TN)
- Elijah Crane (R-AZ)
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
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).
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 9, 2025 · House
Referred to the House Committee on Ways and Means. - Jan 9, 2025
Introduced in House