^ from an article published yesterday. They still need all 50 Democrats in the Senate to be on the same page, which is currently not the case, but at least in July we should have a better idea of whether or not the EV rebate is coming back at all.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Yeah this is right. From what I've read, Schumer will put whatever bipartisan plan emerges up for a vote in July. If (when) that fails, the reconciliation package will probably be voted on after August recess, so September. I still think something will pass but I wouldn't expect anything before Labor Day.
HalfNHalfT
Member
Looks like things are closing in on the infrastructure bill with big headlines on bipartisan agreement (great news), but I can't seem to find the latest of what's in it. Does anyone know what EV pieces survived??
No details yet we will have to wait until they draft the bill. The Dems will ram the rest through using the reconciliation process in the fall if no EV changes are in this bill.
snikt
Member
Phyzi Driver
Member
I have a Ford Maverick reservation, but if this bill looks like it'll pass I'll likely cancel it and get a Model 3. The main question for me is whether or not the refundable tax credit would apply to the 2021 tax year or if I would need to wait until January 1st (and get the tax credit for the 2022 tax year). My tax liability isn't nearly to $7500 so that'll be the determining factor.
snikt
Member
If the bill does pass and if it is retroactive (Maybe to May?) then the people getting vehicles now will be the big winners. You know once it passes Tesla is going to raise prices a lot
Looking at the fact sheet it does NOT look like the bipartisan infrastructure bill will have any new EV credits, so I guess that would leave the Democrat-only reconciliation bill as the best chance of it passing.
www.whitehouse.gov
FACT SHEET: President Biden Announces Support for the Bipartisan Infrastructure Framework | The White House
Today, President Biden and Vice President Harris announced their support for the Bipartisan Infrastructure Framework, the largest long-term investment in
www.whitehouse.gov
snikt
Member
I'm pretty sure it's when you take delivery, the order date is just a reservation.
The official car registration, title, everything is when you take delivery
snikt
Member
Electric vehicle infrastructure gets $15 billion in new US bipartisan proposal, new EV rebate to come later
Electric vehicle infrastructure is getting $15 billion in US government funding in a new bipartisan proposal. It’s less than originally...
electrek.co
snikt
Member
I see the May 24th verbiage here, is this the current version?
S.2118 - 117th Congress (2021-2022): Clean Energy for America Act
Summary of S.2118 - 117th Congress (2021-2022): Clean Energy for America Act
www.congress.gov
sb415
Member
Bipartisan bill does not include EV Tax credits or expanded caps. But Biden said he wouldn't sign the Bipartisan bill without a tandem reconciliation bill. The reconciliation process can be very quick and only requires 50 votes. The EV credits will be in the reconciliation bill just wait.
www.nytimes.com
Biden Agrees to Bipartisan Group’s Infrastructure Plan, Saying ‘We Have a Deal’ (Published 2021)
The plan is expected to increase federal spending by nearly $600 billion but leave many of President Biden’s economic proposals, including investments in child care and much of his climate agenda, for a future bill.
Jeremy3292
Active Member
The EV rebate is such a unicorn I would put NO stock in it personally. Some of the moderate D's don't want to pass a $3T+ infrastructure bill and one of the most expensive things and quickest to be cut to appease moderates is the EV rebate...
snikt
Member
Seems like there's been almost no movement on this. Saw something earlier about how now it seems unlikely to pass and they can't get support.
I had it as a 50/50 before but now 20/80
I had it as a 50/50 before but now 20/80
Similar threads
