S541-119

Introduced

To amend the Internal Revenue Code of 1986 to repeal the credit for new clean vehicles, and for other purposes.

119th Congress Introduced Feb 12, 2025

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

This bill, To amend the Internal Revenue Code of 1986 to repeal the credit for new clean vehicles, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Civil Rights, Finance.

Who Benefits and How

energy producers, utilities, and energy consumers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Eliminate Lavish Incentives To Electric Vehicles Act or the ELITE Vehicles Act.
  • Section H4B8C580BE4674C0684CD69F2E9C92525: 2. Repeal of clean vehicle credit Subpart B of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by striking section 30D...
  • Section H9346E81006E74C02B996E566F7742453: 3. Repeal of credit for previously-owned clean vehicles Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by...
  • Section HEE0CF0F3B12D44E88BABC82A3F75F700: 4. Repeal of credit for qualified commercial clean vehicles Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended...
  • Section id765f1169b55a4048a1608b02238ff5c3: 5. Exclusion of electric vehicle recharging property from alternative fuel vehicle refueling property credit Section 30C of the Internal Revenue Code of 1986...

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

This bill, To amend the Internal Revenue Code of 1986 to repeal the credit for new clean vehicles, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Key Policy Areas

Energy, Civil Rights, Finance

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to repeal the credit for new clean vehicles, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Policy Domains

Energy Civil Rights Finance

Whole bill

Identified Gains
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
energy producers, utilities, and energy consumers: ,
Identified Costs
  • federal implementing agencies
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
energy producers, utilities, and energy consumers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Feb 12, 2025

Mr. Barrasso (for himself, Mr. Thune, Mr. Cotton, Mrs. Capito, …

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?

Domains
Energy Civil Rights Finance
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

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