Senator Barrasso's ELITE Vehicle Act Puts Tax Credits for EV

Senator John Barrasso has put forth the ELITE Vehicles Act would take away a $7,500 tax credit for new electric vehicles, eliminate the tax credit for buying used EV's, wipe out federal investment tax credit for EV charging stations, and -- in Barrasso's words -- close the leasing loophole that allows certain taxpayers and foreign entities to evade restrictions on EV incentives.

Related Keywords

Wyoming , United States , China , White House , District Of Columbia , Washington , The Rockies , American , Americans , Shelley Moore Capito , Dan Starks , Jim Rischr Idaho , John Barrasso , Roger Marshallr Kan , Mike Braunr Ind , John Thune , Eric Schmittr Mo , Kevin Cramer , Kolby Fedore , Joni Ernstr Iowa , Mike Leer Utah , John Hoeven , Steve Daines , Energy Efficiency Renewable , National Museum Of Military Vehicles In Dubois , Senator John Barrasso , Eliminating Lavish Incentives , Vehicles Act , Energy Efficiency , Renewable Energy , President Biden , Mike Braun , Tom Cotton , Joni Ernst , James Lankford , Mike Lee , Cynthia Lummis , Roger Marshall , Pete Ricketts , Jim Risch , Mike Rounds , Marco Rubio , Eric Schmitt , Rick Scott , Military Vehicles , Field Guide , Spotting Birds Returning , Casper News ,