Restoring Vehicle Market Freedom Act of 2025

This bill would eliminate federal tax credits that help people and businesses buy electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles. It would also remove tax credits for installing equipment to charge electric vehicles or fuel up clean-burning vehicles. The tax credits being removed include up to $4,000 for used clean vehicles, up to $7,500 for new clean vehicles, up to $40,000 for commercial clean vehicles, and up to $1,000 for individuals or $100,000 for businesses to install refueling equipment.

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