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Bill > HR1271
US HR1271
Electric CARS Act of 2021 Electric Credit Access Ready at Sale Act of 2021
summary
Introduced
02/23/2021
02/23/2021
In Committee
02/23/2021
02/23/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to extend certain tax credits related to electric cars, and for other purposes.
AI Summary
This bill, the Electric CARS Act of 2021 or the Electric Credit Access Ready at Sale Act of 2021, amends the Internal Revenue Code to extend certain tax credits related to electric vehicles. Specifically, it extends the New Qualified Plug-In Electric Drive Motor Vehicle Credit until December 31, 2031, allows the credit to be assigned to the financing entity, and permits the carryforward of unused credits for up to 5 years. Additionally, the bill extends the Alternative Fuel Vehicle Refueling Property Credit and the Alternative Motor Vehicle Credit until 2031.
Committee Categories
Budget and Finance
Sponsors (21)
Peter Welch (D)*,
Salud Carbajal (D),
André Carson (D),
Matt Cartwright (D),
Sean Casten (D),
Emanuel Cleaver (D),
Gerry Connolly (D),
Raúl Grijalva (D),
Alcee Hastings (D),
Jahana Hayes (D),
Jared Huffman (D),
Pramila Jayapal (D),
Mondaire Jones (D),
Ro Khanna (D),
James Langevin (D),
Doris Matsui (D),
Chellie Pingree (D),
Mike Quigley (D),
Mary Gay Scanlon (D),
Paul Tonko (D),
Debbie Wasserman Schultz (D),
Last Action
Referred to the House Committee on Ways and Means. (on 02/23/2021)
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/117th-congress/house-bill/1271/all-info |
| BillText | https://www.congress.gov/117/bills/hr1271/BILLS-117hr1271ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr1271/BILLS-117hr1271ih.pdf.pdf |
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