Senate Bill 3594
116th Congress(2019-2020)
Ending the Electric Vehicle Entitlement for the Wealthy
Introduced
Introduced in Senate on May 4, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3594
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Ending the Electric Vehicle Entitlement for the Wealthy
This bill eliminates the tax credit for qualified plug-in electric drive motor vehicles for any taxpayer whose adjusted gross income exceeds $163,300 ($326,600 for joint returns) in a taxable year. These threshold amounts are adjusted for inflation for taxable years beginning after 2021.May 4, 2020
05/04/2020
Read twice and referred to the Committee on Finance.
05/04/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:42:45 PM