UNPLUG EVs Act

# UNPLUG EVs Act Summary The UNPLUG EVs Act (HR 1052) is a bill introduced in the House of Representatives that would eliminate federal tax credits and incentives for electric vehicle purchases. Currently in committee, the bill would remove the existing $7,500 federal tax credit that helps offset the cost of buying new electric vehicles, making EVs more expensive for consumers compared to their current pricing. The bill primarily affects potential EV buyers, automobile manufacturers, and the clean energy industry. It would eliminate financial incentives designed to encourage Americans to transition away from gasoline-powered vehicles.

This would likely increase the effective purchase price of electric vehicles, potentially reducing their market competitiveness against traditional gas-powered cars and other EVs without federal support. **Current Status:** The bill remains in committee and has not yet moved forward for a vote in the House. No further action has been taken since its introduction in the 119th Congress.