Bill
Bill > HR3796
summary
Introduced
06/08/2021
06/08/2021
In Committee
06/08/2021
06/08/2021
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 terminate the credit for new qualified plug-in electric drive motor vehicles.
AI Summary
This bill, the Eliminate Lavish Incentives To Electric Vehicles Act (ELITE Vehicles Act), proposes to terminate the tax credit for new qualified plug-in electric drive motor vehicles under Section 30D of the Internal Revenue Code. Specifically, it provides that the tax credit would no longer apply to vehicles placed in service after 30 days from the date of the bill's enactment. The bill also repeals Section 30D entirely, making conforming amendments to related sections of the tax code. The repeal would be effective for taxable years beginning after 1 year and 30 days from the date of the bill's enactment.
Committee Categories
Budget and Finance
Sponsors (20)
Jason Smith (R)*,
Kelly Armstrong (R),
Andy Biggs (R),
Lauren Boebert (R),
Michael Burgess (R),
Liz Cheney (R),
Rick Crawford (R),
Ron Estes (R),
Randy Feenstra (R),
Kevin Hern (R),
Mike Johnson (R),
Tom McClintock (R),
Ralph Norman (R),
Scott Perry (R),
August Pfluger (R),
Chip Roy (R),
Victoria Spartz (R),
Greg Steube (R),
Ann Wagner (R),
Randy Weber (R),
Last Action
Referred to the House Committee on Ways and Means. (on 06/08/2021)
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/3796/all-info |
| BillText | https://www.congress.gov/117/bills/hr3796/BILLS-117hr3796ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr3796/BILLS-117hr3796ih.pdf.pdf |
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