ELITE Vehicles Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 10516 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 10516 To amend the Internal Revenue Code of 1986 to repeal the credit for new clean vehicles, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 19, 2024 Mr. Arrington (for himself, Ms. Van Duyne, Mr. Tiffany, Mr. Feenstra, Mr. Smith of Nebraska, Mr. Ellzey, Mr. Estes, Mr. Finstad, Mr. Williams of Texas, Ms. Tenney, Mr. Sessions, Mr. Roy, and Mr. Babin) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to repeal the credit for new clean vehicles, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Eliminate Lavish Incentives To Electric Vehicles Act'' or the ``ELITE Vehicles Act''. SEC. 2. REPEAL OF CLEAN VEHICLE CREDIT. (a) In General.--Subpart …