118 S3016 IS: End Taxpayer Subsidies for Electric Vehicles Act U.S. Senate 2023-10-04 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II118th CONGRESS1st SessionS. 3016IN THE SENATE OF THE UNITED STATESOctober 4, 2023Mr. Paul introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo amend the Internal Revenue Code of 1986 to repeal the clean vehicle credit.

1.

Short title

This Act may be cited as the End Taxpayer Subsidies for Electric Vehicles Act.

2.

Repeal of clean vehicle credit

(a)

In general

Subpart B of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by striking section 30D (and by striking the item relating to such section in the table of sections for such subpart).(b)

Conforming amendments

(1)Section 30B(d)(3) of the Internal Revenue Code of 1986 is amended by striking subparagraph (D).(2)Section 38(b) of such Code is amended by striking paragraph (30).(3)Section 179D(d)(3)(B)(ii) of such Code is amended by inserting , as in effect on the day before the date of the enactment of the End Taxpayer Subsidies for Electric Vehicles Act after section 30D(g)(9).(4)Section 1016(a) of such Code is amended—(A)in paragraph (36), by adding and at the end,(B)by striking paragraph (37), and(C)by redesignating paragraph (38) as paragraph (37).(5)Section 6213(g)(2) of such Code is amended by striking subparagraph (T). (6)Section 6417(d)(1)(A)(iv) of such Code is amended by inserting , as in effect on the day before the date of the enactment of the End Taxpayer Subsidies for Electric Vehicles Act after section 30D(g)(9). (7)Section 6501(m) of such Code is amended by striking 30D(f)(6),.(8)Section 166(b)(5)(A)(ii) of title 23, United States Code, is amended by inserting , as in effect on the day before the date of the enactment of the End Taxpayer Subsidies for Electric Vehicles Act after section 30D(d)(1) of the Internal Revenue Code of 1986.(c)

Effective date

The amendments made by this section shall apply to vehicles placed in service during any calendar year beginning after the date of enactment of this Act.