To amend the Internal Revenue Code of 1986 to provide a business credit relating to the use of clean-fuel and fuel efficient vehicles by businesses within areas designated as nonattainment areas under the Clean Air Act, and for other purposes.
Clean Vehicles Incentive Act of 201 7 This bill amends the Internal Revenue Code to allow certain businesses a general business tax credit for the cost of certain clean-fuel vehicle property and the use of clean-burning fuel if the businesses are located in areas designated as nonattainment areas under the Clean Air Act or have qualified clean-fuel vehicle property that is used substantially within a nonattainment area. The bill also allows a new qualified hybrid motor vehicle tax credit for hybrid vehicles placed in service after December 31, 2016, by an eligible business if substantially all of the use of the vehicle is in a nonattainment area.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Air qualityAlternative and renewable resourcesHybrid, electric, and advanced technology vehiclesIncome tax creditsIncome tax deductionsMotor fuelsOil and gas
To amend the Internal Revenue Code of 1986 to provide a business credit relating to the use of clean-fuel and fuel efficient vehicles by businesses within areas designated as nonattainment areas under the Clean Air Act, and for other purposes.
USA115th CongressHR-2253| House
| Updated: 4/28/2017
Clean Vehicles Incentive Act of 201 7 This bill amends the Internal Revenue Code to allow certain businesses a general business tax credit for the cost of certain clean-fuel vehicle property and the use of clean-burning fuel if the businesses are located in areas designated as nonattainment areas under the Clean Air Act or have qualified clean-fuel vehicle property that is used substantially within a nonattainment area. The bill also allows a new qualified hybrid motor vehicle tax credit for hybrid vehicles placed in service after December 31, 2016, by an eligible business if substantially all of the use of the vehicle is in a nonattainment area.
Air qualityAlternative and renewable resourcesHybrid, electric, and advanced technology vehiclesIncome tax creditsIncome tax deductionsMotor fuelsOil and gas