SB2962: Drive American Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to repeal tax incentives relating to electric vehicles, and to establish a tax credit to promote automobile manufacturing in the United States.
Plain-language summary
This bill would eliminate existing tax credits (rebates) that help Americans buy electric vehicles. It would replace those credits with a new tax credit designed to support domestic automobile manufacturing in the United States. The bill was introduced by Senator J.D. Vance and is currently in the early legislative stage. It focuses on changing how the federal government uses tax policy to influence the auto industry.
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SB2962: Drive American Act