HR. 1293In Committee
Vehicle Energy Performance Act of 2025
Creates a refundable tax credit for new high energy performance vehicles and revises the gas guzzler tax using comparative vehicle energy performance metrics
Plain-English overview
What this bill does
Creates a refundable tax credit for new high energy performance vehicles and revises the gas guzzler tax using comparative vehicle energy performance metrics
Key points
- Establish refundable vehicle tax credit
- Require Treasury performance publication
- Modify gas guzzler tax calculation
Current status
Where it stands
Status
In Committee
Latest action
2025-02-13 — Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related context
Topics and policy areas
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