S 3016 United States Senate · 118th Congress

End Taxpayer Subsidies for Electric Vehicles Act

This bill repeals the federal tax credit that reduces the cost of purchasing electric vehicles, specifically eliminating Internal Revenue Code Section 30D. It directly affects consumers who buy new electric vehicles, as they would no longer qualify for this tax benefit after the bill's enactment. The key mechanism is removing Section 30D from the tax code, with the change applying to vehicles placed in service after the bill becomes law. This eliminates a specific federal subsidy for EV buyers, shifting the cost entirely to consumers without altering other vehicle incentives.
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2023
Committee Review
Floor Vote
President
Introduced Oct 4, 2023 Last action Oct 4, 2023
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Oct 4, 2023
Committee
Read twice and referred to the Committee on Finance.
upper
Oct 4, 2023
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Rand Paul
Rand Paul
RRepublican
KY
n/a