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US S975

US S975
Securing America's Clean Fuels Infrastructure Act


summary

Introduced
03/25/2021
In Committee
03/25/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to extend and modify the credit for alternative fuel vehicle refueling property.

AI Summary

This bill, the Securing America's Clean Fuels Infrastructure Act, proposes to amend the Internal Revenue Code of 1986 to extend and modify the tax credit for alternative fuel vehicle refueling property. Specifically, it would extend the credit until December 31, 2029, and increase the maximum credit amount for a single item of property from $30,000 to $200,000. These changes are intended to support the development of clean fuel infrastructure in the United States by incentivizing the installation of alternative fuel refueling stations.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Read twice and referred to the Committee on Finance. (on 03/25/2021)

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