U.S. Senate Republicans on Monday proposed a tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales 180 days after the measure is signed into law and immediately end the credit for leased EVs made outside North America.

The Senate Finance Committee on Monday released its version of the GOP’s package that calls for enacting sweeping cuts to Medicaid and preventing a multi-trillion dollar tax hike on Americans.

Senate Republicans released revised tax and health-care provisions of President Donald Trump’s multitrillion dollar signature economic package, a key step toward meeting their goal of passing the bill before July 4.