Bill > HR2042

Introduced Session

Electric CARS Act of 2019 Electric CARS Act of 2019 Electric Credit Access Ready at Sale Act of 2019 Electric Credit Access Ready at Sale Act of 2019 This bill 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.

AI Summary

Committee Categories

Peter Welch (D)*,  Matt Cartwright (D),  Steve Cohen (D),  Gerry Connolly (D),  Anna Eshoo (D),  Raúl Grijalva (D),  Jared Huffman (D),  Pramila Jayapal (D),  Ro Khanna (D),  Zoe Lofgren (D),  Jim McGovern (D),  Jerry McNerney (D),  Grace Napolitano (D),  Harley Rouda (D),  Paul Tonko (D), 

Referred to the House Committee on Ways and Means. (on 04/02/2019)

Official Document