2025-2026 Regular Session • US Congress Legislature
SB541: ELITE Vehicles Act Eliminate Lavish Incentives To Electric Vehicles Act
Legislative Summary
A bill to amend the Internal Revenue Code of 1986 to repeal the credit for new clean vehicles, and for other purposes.
Demographic Impact
Overall analysis of equity impact
70% Bias
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Bill History
2/12/2025
Read twice and referred to the Committee on Finance.
Senate
Status Information
Current Status
Introduced(2/12/2025)
Chamber
Senate
Committee
Finance(Senate)
Sponsors
Republican: 15
Primary Sponsor
John Barrasso
Republican
Co-Sponsors (14)
John Thune
Republican
Tom Cotton
Republican
Shelley Capito
Republican
James Lankford
Republican
Cynthia Lummis
Republican
Kevin Cramer
Republican
Tim Sheehy
Republican
Pete Ricketts
Republican
Joni Ernst
Republican
Bill Cassidy
Republican
Roger Marshall
Republican
Thom Tillis
Republican
John Hoeven
Republican
Rick Scott
Republican