HR. 1253In Committee
Fair SHARE Act of 2025
Imposes new excise taxes on electric vehicle sales and certain large battery modules, with revenue transferred to the Highway Trust Fund
Plain-English overview
What this bill does
Imposes new excise taxes on electric vehicle sales and certain large battery modules, with revenue transferred to the Highway Trust Fund
Key points
- Require Highway Trust Fund transfers
- Impose electric vehicle excise tax
- Impose battery module excise tax
Current status
Where it stands
Status
In Committee
Latest action
2025-02-12 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation