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Bill > HR5164


US HR5164

US HR5164
EV CHARGE Act of 2019 Electric Vehicle Charging Helps Access to Renewable Green Energy Act of 2019


summary

Introduced
11/19/2019
In Committee
11/19/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to modify the alternative fuel refueling property credit. This bill reinstates and extends through 2024, the 30% tax credit for the cost of alternative fuel vehicle refueling property. The bill allows an additional 20% credit for excess costs attributable to refueling property that is intended for general public use or for use exclusively by fleets of commercial or government vehicles.

AI Summary

This bill, the EV CHARGE Act of 2019 or the Electric Vehicle Charging Helps Access to Renewable Green Energy Act of 2019, amends the Internal Revenue Code to reinstate and extend through 2024 the 30% tax credit for the cost of alternative fuel vehicle refueling property. It also allows an additional 20% credit for excess costs attributable to refueling property that is intended for general public use or for use exclusively by fleets of commercial or government vehicles. The bill increases the credit limitation from $30,000 to $100,000 and from $1,000 to $3,333.33 per property. These amendments apply to property placed in service after December 31, 2017 for the extension, and after December 31, 2019 for the additional credit.

Committee Categories

Budget and Finance

Sponsors (19)

Last Action

Referred to the House Committee on Ways and Means. (on 11/19/2019)

bill text


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