summary
Introduced
06/27/2019
06/27/2019
In Committee
06/27/2019
06/27/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to amend the Internal Revenue Code of 1986 to provide for the issuance of exempt facility bonds for zero-emission vehicle infrastructure. This bill amends the Internal Revenue Code to permit the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure. The bill defines "zero emissions vehicles" as any light- or heavy-duty vehicles that conform to the regulatory zero-emission vehicles standard or vehicles that produce zero exhaust emissions of any criteria pollutant or greenhouse gas.
AI Summary
This bill amends the Internal Revenue Code to permit the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure. "Zero-emission vehicle infrastructure" is defined as any property (excluding buildings) that is made available for public use and is used to charge or fuel zero-emission vehicles, which include vehicles that produce zero exhaust emissions of any criteria pollutant or greenhouse gas. The bill also specifies that the term includes utility service connections, upgrades, and contributions required for charging or fueling zero-emission vehicles, even if located within other facilities or projects. These amendments would apply to obligations issued after December 31, 2019.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Read twice and referred to the Committee on Finance. (on 06/27/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/2039/all-info |
| BillText | https://www.congress.gov/116/bills/s2039/BILLS-116s2039is.pdf |
| Bill | https://www.congress.gov/116/bills/s2039/BILLS-116s2039is.pdf.pdf |
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