US Congress Senate Bill 993 (Prior Session Legislation)

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Spectrum: Strong Partisan Bill (Democrat 10-1)
Status: Introduced on April 2 2019 - 25% progression, died in committee
Action: 2019-04-02 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Modifies and extends several tax credits related to electric cars. The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2029. In addition, the bill modifies the credit to remove the limitation on the number of vehicles per manufacturer that are eligible for the credit, allow a taxpayer to assign the credit to a financing entity, and allow an unused credit to be carried forward for five years. The bill also extends through 2029 the tax credits for (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles.

Electric CARS Act of 2019 Electric Credit Access Ready at Sale Act of 2019

Sen. Jeff Merkley [D-OR]	Sen. Martin Heinrich [D-NM]	Sen. Sheldon Whitehouse [D-RI]	Sen. Tina Smith [D-MN]
Sen. Kamala Harris [D-CA]	Sen. Cory Booker [D-NJ]	Sen. Dianne Feinstein [D-CA]	Sen. Bernard Sanders [I-VT]
Sen. Catherine Cortez Masto [D-NV]	Sen. Edward Markey [D-MA]	Sen. Jacky Rosen [D-NV]

Date	Chamber	Action
2019-04-02	Senate	Read twice and referred to the Committee on Finance.

HB2042 (Same As) 2019-04-02 - Referred to the House Committee on Ways and Means.
HB2025 (Related) 2019-04-02 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/993/all-info
Text	https://www.congress.gov/116/bills/s993/BILLS-116s993is.pdf