US Federal 2025-2026 Regular Session

US Federal House Bill HB312

Introduced
1/9/25  

Caption

Restoring Vehicle Market Freedom Act of 2025This 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 forthe 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), andalternative 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).

Congress_id

119-HR-312

Policy_area

Taxation

Introduced_date

2025-01-09

Companion Bills

No companion bills found.

Previously Filed As

US A3933

Provides corporation business tax credits and gross income tax credits for purchase of certain hydrogen fuel cell vehicles.

US S444

Provides corporation business tax credits and gross income tax credits for purchase of certain hydrogen fuel cell vehicles.

US H0577

Removal, Storage, and Cleanup of Electric Vehicles

US H0037

Removal, Storage, and Cleanup of Electric Vehicles

US S0260

Removal, Storage, and Cleanup of Electric Vehicles

US S03292

Exempts new clean fuel vehicles and vehicles that meet the clean vehicle standards from the first year of registration fees.

US HB577

Removal, Storage, and Cleanup of Electric Vehicles:

US HB2713

Imposing property tax on used motor vehicles following the 12th month in which a used vehicle was purchased or acquired.

US A03541

Provides certain warranties and protections for purchasers of new and used motor vehicles; includes commercial and business purchasers under the Lemon Law.

US S05597

Provides certain warranties and protections for purchasers of new and used motor vehicles; includes commercial and business purchasers under the Lemon Law.

Similar Bills

No similar bills found.