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A bill to amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles.

USA115th CongressS-3582| Senate 
| Updated: 10/11/2018
Dean Heller

Dean Heller

Republican Senator

Nevada

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill amends the Internal Revenue Code, with respect to the tax credit for new plug-in electric drive motor vehicles, to change the phase-out period for the credit to calendar year 2022. (Under current law, the credit phases out for a manufacturer's vehicles over the one-year period beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States after December 31, 2009.)
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Timeline
Oct 11, 2018
Introduced in Senate
Oct 11, 2018
Read twice and referred to the Committee on Finance.
Oct 16, 2018

Latest Companion Bill Action

HR 115-7065
Introduced in House
  • October 11, 2018
    Introduced in Senate


  • October 11, 2018
    Read twice and referred to the Committee on Finance.


  • October 16, 2018

    Latest Companion Bill Action

    HR 115-7065
    Introduced in House

Taxation

Related Bills

  • HR 115-7065: To amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles.
Hybrid, electric, and advanced technology vehiclesIncome tax creditsMotor carriersMotor vehicles

A bill to amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles.

USA115th CongressS-3582| Senate 
| Updated: 10/11/2018
This bill amends the Internal Revenue Code, with respect to the tax credit for new plug-in electric drive motor vehicles, to change the phase-out period for the credit to calendar year 2022. (Under current law, the credit phases out for a manufacturer's vehicles over the one-year period beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States after December 31, 2009.)
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 11, 2018
Introduced in Senate
Oct 11, 2018
Read twice and referred to the Committee on Finance.
Oct 16, 2018

Latest Companion Bill Action

HR 115-7065
Introduced in House
  • October 11, 2018
    Introduced in Senate


  • October 11, 2018
    Read twice and referred to the Committee on Finance.


  • October 16, 2018

    Latest Companion Bill Action

    HR 115-7065
    Introduced in House
Dean Heller

Dean Heller

Republican Senator

Nevada

Finance Committee

Taxation

Related Bills

  • HR 115-7065: To amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Hybrid, electric, and advanced technology vehiclesIncome tax creditsMotor carriersMotor vehicles