House Bill 6274
115th Congress(2017-2018)
Electric CARS Act of 2018
Introduced
Introduced in House on Jun 28, 2018
Origin Chamber
House
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
6274
Congress
115
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 House votes have been held for this bill.
Summary
Electric Credit Access Ready at Sale Act of 2018 or the Electric CARS Act of 2018
This bill amends the Internal Revenue Code to modify and extend several tax credits related to electric cars.
The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2028. In addition, the bill modifies the credit to: (1) remove the limitation on the number of vehicles per manufacturer that are eligible for the credit, and (2) allow a taxpayer to assign the credit to a financing entity.
The bill also extends through 2028 the tax credits for: (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles.
June 28, 2018
06/28/2018
Referred to the House Committee on Ways and Means.
06/28/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:42:16 PM