,,ii #aagth ,,congress #ast ,session ,s4 #aifi ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #h1 #bjba,mr4 ,barrasso introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to terminate the credit for new qualified plug-in electric drive motor vehicles4 #a4 ,short title ,this ,act may be cited as the ,eliminate ,lavish ,incentives ,to ,electric ,vehicles ,act or the ,,elite ,vehicles ,act4 #b4 ,termination and repeal of credit for new qualified plug-in electric drive motor vehicles 7a7 ,termination ,section #cj;,d of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new subsection3 7h7 ,termination ,notwithstanding any of the preceding provisions of this section1 this section shall not apply to vehicles placed in service after the date that is #cj days after the date of the enactment of this subsection4 4 7b7 ,repeal 7#a7 ,in general ,subpart ,b of part ,,iv of subchapter ,a of chapter #a of the ,internal ,revenue ,code of #aihf is amended by striking section #cj;,d 7and by striking the item relating to such section in the table of sections for such subpart74 7#b7 ,conforming amendments 7,a7 ,section #ch7;b7 of the ,internal ,revenue ,code of #aihf is amended by striking paragraph 7#cj74 7,b7 ,section #ajaf7;a7 of such ,code is amended by striking paragraph 7#cg74 7,c7 ,section #feja7m7 of such ,code is amended by striking #cj;,d7e77#d714 7#c7 ,effective date ,the amendments made by this subsection shall apply to taxable years beginning after the date that is #a year and #cj days after the date of the enactment of this ,act4