inflation reduction act

Democrat introduces $15,000 EV tax credit bill with no cosponsors and little chance of passing

Rep. Greg Landsman (D-OH) has introduced the 21st Century Vehicle Choice Act, which would restore and double federal EV tax credits to as much as $15,000 for new vehicles and $8,000 for used ones, with no expiration. The bill has no cosponsors and virtually no path to enactment, raising concerns that buyers may delay purchases while waiting for a credit that never arrives.