To amend the Internal Revenue Code of 1986 to reduce the tax credit for new qualified plug-in electric drive motor vehicles by State subsidies for these vehicles.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill creates qualified plug-in electric vehicle tax credit reduction in connection with State subsidy Subsection (f) of section 30D of the Internal Revenue Code of 1986 is amended by adding at the end the following. It relies on grants, tax credits, compliance mandates, and procurement rules. The main policy areas are Electric Utilities, Energy, Finance, and Transportation.
Who Benefits and How
Transportation operators and users affected by the bill could gain revenue opportunities, Financial services firms and customers affected by the bill could gain revenue opportunities, and Electric utilities and power customers affected by the bill could gain revenue opportunities.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.
Key Provisions
- Creates qualified plug-in electric vehicle tax credit reduction in connection with State subsidy Subsection (f) of section 30D of the Internal Revenue Code of 1986 is amended by adding at the end the following...
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
The bill creates qualified plug-in electric vehicle tax credit reduction in connection with State subsidy Subsection (f) of section 30D of the Internal Revenue Code of 1986 is amended by adding at the end the following.
Key Policy Areas
Electric Utilities, Energy, Finance, Transportation
Primary Purpose
The bill creates qualified plug-in electric vehicle tax credit reduction in connection with State subsidy Subsection (f) of section 30D of the Internal Revenue Code of 1986 is amended by adding at the end the following.
Policy Domains
Whole bill
Identified Gains
- Transportation operators and users affected by the bill
- Financial services firms and customers affected by the bill
- Electric utilities and power customers affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
Sponsors
Legislative Progress
IntroducedMr. Estes introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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