summary
Introduced
07/29/2021
07/29/2021
In Committee
07/29/2021
07/29/2021
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 provide a credit for previously-owned qualified plug-in electric drive motor vehicles.
AI Summary
This bill, the Affordable EVs for Working Families Act, proposes to amend the Internal Revenue Code to provide a tax credit for the purchase of previously-owned qualified plug-in electric drive motor vehicles. The key provisions include a credit of up to $2,500 for the purchase of such vehicles, with the credit amount based on the battery capacity of the vehicle. The bill also includes income limitations, requirements for the vehicle and the sale, and a provision for the seller to provide a certificate to the buyer. The bill aims to make previously-owned electric vehicles more affordable for working families.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5180) (on 07/29/2021)
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/senate-bill/2537/all-info |
| BillText | https://www.congress.gov/117/bills/s2537/BILLS-117s2537is.pdf |
| Bill | https://www.congress.gov/117/bills/s2537/BILLS-117s2537is.pdf.pdf |
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