Legis Daily

Stop EV Freeloading Act

USA118th CongressS-2882| Senate 
| Updated: 9/21/2023
Deb Fischer

Deb Fischer

Republican Senator

Nebraska

Cosponsors (3)
Cynthia M. Lummis (Republican)John Cornyn (Republican)Pete Ricketts (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Stop EV Freeloading Act This bill imposes a new excise tax in the amount of $1,000 on the sale of an electric vehicle and a new excise tax in the amount of $550 on the sale of a battery module weighing over 1,000 pounds for use in an electric vehicle. The bill also requires the Department of the Treasury to transfer amounts collected from the new excise taxes to the Highway Trust Fund. The bill defines electric vehicle as a light-duty vehicle (a motor vehicle weighing less than 8,500 pounds that is manufactured for use on public roads) that is powered by a battery with a capacity of at least seven kilowatt hours and is recharged through an external source of electricity. The bill specifies that the term does not apply to hybrid vehicles, which are powered by a combination of fuel and a rechargeable energy storage system. The bill defines battery module as two or more battery cells configured to create voltage or current (or no battery cells) and with an aggregate capacity of at least seven kilowatt hours (or one kilowatt hour for a hydrogen fuel cell vehicle).
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Timeline
Sep 21, 2023
Introduced in Senate
Sep 21, 2023
Read twice and referred to the Committee on Finance.
  • September 21, 2023
    Introduced in Senate


  • September 21, 2023
    Read twice and referred to the Committee on Finance.

Taxation

Stop EV Freeloading Act

USA118th CongressS-2882| Senate 
| Updated: 9/21/2023
Stop EV Freeloading Act This bill imposes a new excise tax in the amount of $1,000 on the sale of an electric vehicle and a new excise tax in the amount of $550 on the sale of a battery module weighing over 1,000 pounds for use in an electric vehicle. The bill also requires the Department of the Treasury to transfer amounts collected from the new excise taxes to the Highway Trust Fund. The bill defines electric vehicle as a light-duty vehicle (a motor vehicle weighing less than 8,500 pounds that is manufactured for use on public roads) that is powered by a battery with a capacity of at least seven kilowatt hours and is recharged through an external source of electricity. The bill specifies that the term does not apply to hybrid vehicles, which are powered by a combination of fuel and a rechargeable energy storage system. The bill defines battery module as two or more battery cells configured to create voltage or current (or no battery cells) and with an aggregate capacity of at least seven kilowatt hours (or one kilowatt hour for a hydrogen fuel cell vehicle).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 21, 2023
Introduced in Senate
Sep 21, 2023
Read twice and referred to the Committee on Finance.
  • September 21, 2023
    Introduced in Senate


  • September 21, 2023
    Read twice and referred to the Committee on Finance.
Deb Fischer

Deb Fischer

Republican Senator

Nebraska

Cosponsors (3)
Cynthia M. Lummis (Republican)John Cornyn (Republican)Pete Ricketts (Republican)

Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted