Restoring Vehicle Market Freedom Act of 2025

This legislative proposal aims to eliminate several existing federal tax credits within the Internal Revenue Code of 1986 that support alternative fuel vehicles and their associated infrastructure. The bill seeks to remove financial incentives for consumers and businesses related to the purchase and use of these vehicles, reflecting a shift away from government-backed subsidies in this sector. Specifically, the bill repeals the Previously Owned Clean Vehicle Credit (Section 25E) and the New Qualified Plug-in Electric Drive Motor Vehicle Credit (Section 30D), effectively ending federal tax incentives for both new and used electric vehicle purchases. It also targets the Alternative Motor Vehicle Credit (Section 30B) and the Credit for Qualified Commercial Clean Vehicles (Section 45W). Additionally, the legislation eliminates the Alternative Fuel Vehicle Refueling Property Credit (Section 30C), which currently supports the development of charging and refueling infrastructure. These repeals would apply to vehicles acquired or property purchased and placed in service after the date of the bill's enactment, thereby ceasing the availability of these tax benefits.