H.R. 1253: Fair SHARE Act of 2025

H.R. 1253 is a federal bill in the 119th Congress. Currently, there is no specific federal excise tax on the sale of electric vehicles or their battery modules. This bill changes that by imposing a new $1,000 federal excise tax on the sale of an electric vehicle and a new $550 federal excise tax on the… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.