A bill to amend the Internal Revenue Code of 1986 to extend and enhance certain tax credits for electric vehicles, and for other purposes.
Sponsor
Full profile: /officials/C001113
Source: Congress.gov · FEC
Cosponsors (4)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- Senate Committee on FinanceReferred To · 2026-08-03
Plain-English Summary
The proposal would expand and extend tax credits that help people and businesses afford electric vehicles, making them cheaper to buy by reducing the amount of taxes owed. These credits would apply to both new and used electric cars, potentially helping middle-class families transition away from gas-powered vehicles while supporting the auto industry's shift toward cleaner energy. The changes would affect car buyers, manufacturers, and the federal government's tax revenue.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
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