EV tax credits could be back for popular brands and used EVs under proposed law:
in remarks about the bill that the qualifying factor for $7500 tax credit is"if those vehicles were made in America."
The bill also sets upper-income limits on who can get the credit. Anyone making more than $150,000 a year or a family that makes more than $300,000 would not be eligible. There will also be limits on how expensive a vehicle can be to qualify, with the upper price limit on vans, trucks, and SUVs now set at $80,000 MSRP while all other vehicles are limited to a price of $55,000.
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