HR1293-119

In Committee

Vehicle Energy Performance Act of 2025

119th Congress Introduced Feb 13, 2025

Summary

What This Bill Does

The Vehicle Energy Performance Act of 2025 replaces a technology-specific vehicle incentive with a relative energy-performance system. New qualified high energy performance passenger automobiles and light trucks can receive a tax credit up to $5,000 based on how far the vehicle's energy performance exceeds the prior model year's median relative to the best prior-year vehicle. Beginning with model year 2029, manufacturers owe a low vehicle energy performance fee up to $5,000 when a passenger automobile or light truck falls below the prior model year's median energy performance, using a similar formula. The bill also updates dual-fueled automobile fuel-economy treatment by requiring the Administrator to apply the formula beginning with model year 2026 and review it every three years using real-world data if possible, and it expands labels to show alternative-fuel and multi-day average fuel economy.

Who Benefits and How

Consumers buying high energy performance vehicles benefit from a tax credit that can reach $5,000. Automakers producing above-median efficiency vehicles benefit from a market incentive tied to relative performance rather than one technology. Alternative-fuel vehicle buyers benefit from labels showing fuel economy on alternative fuel and mixed fuel use. Energy-efficiency advocates benefit from both incentives for high performers and fees on low performers.

Who Bears the Burden and How

Manufacturers of low energy performance vehicles face a fee of up to $5,000 per covered vehicle beginning with model year 2029. The Treasury Department and IRS must administer the credit and low-performance fee formulas. Vehicle manufacturers must track energy performance relative to median and best prior-year models. EPA or fuel-economy administrators must review dual-fuel formulas every three years and update labeling data.

Key Provisions

  • Creates a tax credit up to $5,000 for new high energy performance motor vehicles.
  • Imposes a low vehicle energy performance fee up to $5,000 beginning with model year 2029.
  • Uses prior model-year median and best performance values to calculate credits and fees.
  • Requires dual-fuel formula review every three years and expanded fuel-economy label information.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

Creates a vehicle energy performance tax credit up to $5,000, imposes a low-performance vehicle fee up to $5,000 beginning with model year 2029, and updates dual-fuel fuel-economy formulas and labels.

Key Policy Areas

Tax, Transportation, Energy

Primary Purpose

Creates a vehicle energy performance tax credit up to $5,000, imposes a low-performance vehicle fee up to $5,000 beginning with model year 2029, and updates dual-fuel fuel-economy formulas and labels.

Policy Domains

Tax Transportation Energy

Resolution provisions

Identified Gains
  • Consumers buying efficient vehicles
  • Efficient automakers
  • Alternative-fuel vehicle buyers
  • Energy-efficiency advocates
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
Efficient automakers: , , , ,
Energy-efficiency advocates: , , , ,
Alternative-fuel vehicle buyers: , , , ,
Consumers buying efficient vehicles: , , , ,
Identified Costs
  • Low-performance vehicle manufacturers
  • Treasury Department
  • Vehicle manufacturers
  • Fuel-economy administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
Treasury Department: , , , ,
Vehicle manufacturers: , , , ,
Fuel-economy administrators: , , , ,
Low-performance vehicle manufacturers: , , , ,

Legislative Progress

In Committee
Introduced Committee Passed
Feb 13, 2025

Mr. Casten (for himself and Ms. Matsui) introduced the following …

Feb 13, 2025

Referred to the Committee on Ways and Means, and in …

Feb 13, 2025

Introduced in House

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Automotive
10 mentions across 5 clauses
+5 positive -5 negative

Efficient automakers, Low-performance vehicle manufacturers

Positive-direction: Efficient automakers

Negative-direction: Low-performance vehicle manufacturers

Consumers
5 mentions across 5 clauses
+5 positive

Consumers buying efficient vehicles

Government
5 mentions across 5 clauses
-5 negative

Treasury Department

5/6
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Tax Transportation Energy

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology