S 541 — ELITE Vehicles Act
Last action — Read twice and referred to the Committee on Finance.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced February 12, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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In Committee
Current position in the legislative process.
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15 sponsors
1 primary, 14 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (15 R).
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Eliminate Lavish Incentives To Electric Vehicles Act or the ELITE Vehicles ActThis bill eliminates federal tax credits for the purchase of certain clean vehicles (generally electric vehicles and plug-in hybrid vehicles) and electric vehicle recharging stations.Specifically, the bill repeals the federal tax credits forthe purchase of a qualified used clean vehicle (tax credit of up to $4,000 for the purchase of a previously-owned clean vehicle before 2033),the purchase of a qualified new clean vehicle (tax credit of up to $7,500 for the purchase of a new clean vehicle before 2033),the purchase of a qualified commercial clean vehicle (business tax credit of up to $40,000 for the purchase of a commercial clean vehicle before 2033), andalternative fuel vehicle refueling property used to recharge electric vehicles (tax credit of up to $1,000 for individuals or up to $100,000 for businesses for the installation of property before 2033 that is used to recharge electric vehicles).
Bill Text
- Introduced Introduced in Senate Current html February 12, 2025
Action History
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Introduced in Senate
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Read twice and referred to the Committee on Finance.
Sponsors
- John Barrasso · Primary
- John Thune · Cosponsor
- Tom Cotton · Cosponsor
- Shelley Moore Capito · Cosponsor
- James Lankford · Cosponsor
- Cynthia M. Lummis · Cosponsor
- Kevin Cramer · Cosponsor
- Tim Sheehy · Cosponsor
- Pete Ricketts · Cosponsor
- Joni Ernst · Cosponsor
- Bill Cassidy · Cosponsor
- Roger Marshall · Cosponsor
- Thomas Tillis · Cosponsor
- John Hoeven · Cosponsor
- Rick Scott · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 14 co-sponsors · 532 not signed on
Sponsors (1)
- Barrasso, John Republican
Co-sponsors (14)
- Thune, John Republican
- Cotton, Tom Republican
- Capito, Shelley Moore Republican
- Lankford, James Republican
- Lummis, Cynthia M. Republican
- Cramer, Kevin Republican
- Sheehy, Tim Republican
- Ricketts, Pete Republican
- Ernst, Joni Republican
- Cassidy, Bill Republican
- Marshall, Roger Republican
- Tillis, Thomas Republican
- Hoeven, John Republican
- Scott, Rick Republican
Not signed on (532)
532 members have not signed on to this bill.
Show all 532 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does S 541 do?
- Eliminate Lavish Incentives To Electric Vehicles Act or the ELITE Vehicles ActThis bill eliminates federal tax credits for the purchase of certain clean vehicles (generally electric vehicles and plug-in hybrid vehicles) and electric vehicle recharging stations.Specifically, the bill repeals the federal tax credits forthe purchase of a qualified used clean vehicle (tax credit of up to $4,000 for the purchase of a previously-owned clean vehicle before 2033),the purchase of a qualified new clean vehicle (tax credit of up to $7,500 for the purchase of a new clean vehicle before 2033),the purchase of a qualified commercial clean vehicle (business tax credit of up to $40,000 for the purchase of a commercial clean vehicle before 2033), andalternative fuel vehicle refueling property used to recharge electric vehicles (tax credit of up to $1,000 for individuals or up to $100,000 for businesses for the installation of property before 2033 that is used to recharge electric vehicles).
- Who sponsors S 541?
- S 541 is sponsored by Barrasso, John (Republican), Thune, John (Republican), Cotton, Tom (Republican), Capito, Shelley Moore (Republican), Lankford, James (Republican), Lummis, Cynthia M. (Republican), Cramer, Kevin (Republican), Sheehy, Tim (Republican), Ricketts, Pete (Republican), Ernst, Joni (Republican), Cassidy, Bill (Republican), Marshall, Roger (Republican), Tillis, Thomas (Republican), Hoeven, John (Republican), and Scott, Rick (Republican).
- What is the current status of S 541?
- This bill is in committee in the Senate. Introduced February 12, 2025. It must pass committee before a floor vote.
- Where can I track S 541?
- Track S 541 free on One Click Politics — get push/email alerts when it moves.
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