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Bill > HR7318


US HR7318

US HR7318
Greener Transportation for Communities Act


summary

Introduced
06/24/2020
In Committee
06/24/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to provide exempt facility bonds for zero-emission vehicle infrastructure. This bill authorizes the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure used to charge or fuel zero-emissions vehicles. The bill defines zero-emissions vehicles as (1) any any light-duty vehicle or light-duty truck conforming to the applicable low-emission vehicle standard, or any heavy-duty vehicle with an engine conforming to such standard; or (2) vehicles that produce zero exhaust emissions of any criteria pollutant (or precursor pollutant) or greenhouse gas under any possible operational modes and conditions.

AI Summary

This bill, the Greener Transportation for Communities Act, amends the Internal Revenue Code to authorize the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure. The bill defines "zero-emissions vehicles" as vehicles that conform to low-emission vehicle standards or produce zero exhaust emissions of any criteria pollutant or greenhouse gas. The bill specifies that the zero-emission vehicle infrastructure must be used to charge or fuel such vehicles, be publicly accessible, accept credit card payments, and be capable of charging or fueling vehicles from multiple manufacturers. The amendments made by this bill apply to obligations issued after December 31, 2020.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Referred to the House Committee on Ways and Means. (on 06/24/2020)

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