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HR 312
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Restoring Vehicle Market Freedom Act of 2025

To amend the Internal Revenue Code of 1986 to repeal certain credits relating to alternative fuel vehicles.

Introduced Jan 9, 2025

Latest action (Jan 9, 2025) Referred to the House Committee on Ways and Means.

Policy area
Issues
Economy & Taxes

Summary

The bill repeals five tax credits related to alternative fuel and electric vehicles from the Internal Revenue Code. Specifically, it eliminates the previously owned clean vehicle credit, the alternative motor vehicle credit, the alternative fuel vehicle refueling property credit, the new qualified plug-in electric drive motor vehicle credit, and the credit for qualified commercial clean vehicles. The bill also makes conforming amendments to other sections of the tax code to account for the repeal of these credits. The repeals are effective for vehicles or property acquired or placed in service after the date the bill is enacted. The changes eliminate tax incentives that were previously available to individuals and businesses purchasing or using alternative fuel and electric vehicles.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Money behind the sponsor

Top reported contributors to Scott Perry’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • BRODIE GENERATIONAL CAPITAL PARTNERS $13,200
  • SAULSBURY INDUSTRIES $13,200
  • COMMONWEALTH OF PA $8,350
  • NULL $7,326
  • FOUR SEASONS PRODUCE $7,300

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Scott Perry → · Outside spending →

Actions (2)

  1. Jan 9, 2025 Referred to the House Committee on Ways and Means. · house
  2. Jan 9, 2025 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Text versions (1)

  • Introduced in House · Jan 9, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

January 9, 2025

Mr. Perry (for himself, Mr. Ogles, and Mr. Crane) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to repeal certain credits relating to alternative fuel vehicles.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Restoring Vehicle Market Freedom Act of 2025”.

SEC. 2. AMENDMENT OF 1986 CODE.

Except as otherwise expressly provided, whenever in this Act an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Internal Revenue Code of 1986.

SEC. 3. REPEAL OF PREVIOUSLY OWNED CLEAN VEHICLE CREDIT.

(a) In General.—Subpart A of part IV of subchapter A of chapter 1 of subtitle A is amended by repealing section 25E (and the table of sections for such subpart is amended by striking the item relating to such section).

(b) Conforming Amendments.—Section 6213(g)(2) is amended in subparagraph (T) by adding “and” after the comma at the end and by striking subparagraph (U).

(c) Clerical Amendment.—The table of sections for subpart A of part IV of subchapter A of chapter 1 is amended by striking the item relating to section 25E.

(d) Effective Date.—The amendments made by this section shall apply to vehicles acquired after the date of the enactment of this section.

SEC. 4. REPEAL OF ALTERNATIVE MOTOR VEHICLE CREDIT.

(a) In General.—Subpart B of part IV of subchapter A of chapter 1 of subtitle A is amended by repealing section 30B (and the table of sections for such subpart is amended by striking the item relating to such section).

(b) Conforming Amendment.—

(1) Section 38(b) is amended by striking paragraph (24).

(2) Section 1016(a) is amended by striking paragraph (35).

(3) Section 6501(m) is amended by striking “30B(h)(9),”.

(c) Effective Date.—The amendments made by this section shall apply to property purchased after the date of the enactment of this section.

SEC. 5. REPEAL OF ALTERNATIVE FUEL VEHICLE REFUELING PROPERTY CREDIT.

(a) In General.—Subpart B of part IV of subchapter A of chapter 1 of subtitle A is amended by repealing section 30C (and the table of sections for such subpart is amended by striking the item relating to such section).

(b) Conforming Amendments.—

(1) Section 38(b) is further amended by striking paragraph

(25).

(2) Section 1016(a) is further amended by striking paragraph (36).

(3) Section 55(c)(3) is amended by striking “sections 30(d)(2) and” and inserting “section”.

(4) Section 6501(m) is further amended by striking “30C(e)(4),”.

(c) Effective Date.—The amendments made by this section shall apply to property placed in service after the date of the enactment of this section.

SEC. 6. REPEAL OF NEW QUALIFIED PLUG-IN ELECTRIC DRIVE MOTOR VEHICLE CREDIT.

(a) In General.—Subpart B of part IV of subchapter A of chapter 1 of subtitle A is amended by repealing section 30D (and the table of sections for such subpart is amended by striking the item relating to such section).

(b) Conforming Amendments.—

(1) Section 38(b) is further amended by striking paragraph

(30).

(2) Section 166(b)(5)(A)(ii) is amended by inserting “(as in effect on the date before the date of the enactment of the Restoring Vehicle Market Freedom Act of 2025)” after “section 30D(d)(1)”.

(3) Section 179D(d)(3)(B)(ii) is amended by inserting “, as in effect on the date before the date of the enactment of the Restoring Vehicle Market Freedom Act of 2025” after “section 30D(g)(9)”.

(4) Section 1016(a) is further amended in paragraph (34) by adding “and” at the end after the comma and by striking paragraph (37).

(5) Section 6213(g)(2) is further amended by adding “and” at the end after the comma in subparagraph (S) and by striking subparagraph (T).

(6) Section 6417(d)(1)(A)(iv) is amended by inserting “, as in effect on the date before the date of the enactment of the Restoring Vehicle Market Freedom Act of 2025” after “section 30D(g)(9)”.

(7) Section 6501(m) is further amended by striking “30D(e)(4),”.

(8) Section 13401 of Public Law 117-169 is amended by striking subsection (j).

(c) Effective Date.—The amendments made by this section shall apply to vehicles acquired after the date of the enactment of this section.

SEC. 7. REPEAL OF CREDIT FOR QUALIFIED COMMERCIAL CLEAN VEHICLES.

(a) In General.—Subpart D of part IV of subchapter A of chapter 1 of subtitle A is amended by repealing section 45W (and the table of sections for such subpart is amended by striking the item relating to such section).

(b) Conforming Amendments.—

(1) Section 38(b) is further amended by striking paragraph

(37).

(2) Section 6213(g)(2) is further amended by adding “and” at the end after the comma in subparagraph (R), by striking “, and” at the end and inserting a period in subparagraph (S) (as amended by section 6(b)(5)), and by striking subparagraph (V).

(c) Effective Date.—The amendments made by this section shall apply to vehicles acquired after the date of the enactment of this section. <all>

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