Legis Daily

Electric CARS Act of 2019

USA116th CongressS-993| Senate 
| Updated: 4/2/2019
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Cosponsors (10)
Dianne Feinstein (Democratic)Catherine Cortez Masto (Democratic)Edward J. Markey (Democratic)Kamala D. Harris (Democratic)Sheldon Whitehouse (Democratic)Jacky Rosen (Democratic)Martin Heinrich (Democratic)Tina Smith (Democratic)Bernard Sanders (Independent)Cory A. Booker (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Electric Credit Access Ready at Sale Act of 2019 or the Electric CARS Act of 2019 This bill modifies and extends several tax credits related to electric cars. The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2029. In addition, the bill modifies the credit to remove the limitation on the number of vehicles per manufacturer that are eligible for the credit, allow a taxpayer to assign the credit to a financing entity, and allow an unused credit to be carried forward for five years. The bill also extends through 2029 the tax credits for (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles.
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Timeline
Apr 2, 2019

Latest Companion Bill Action

HR 116-2042
Introduced in House
Apr 2, 2019
Introduced in Senate
Apr 2, 2019
Read twice and referred to the Committee on Finance.
  • April 2, 2019

    Latest Companion Bill Action

    HR 116-2042
    Introduced in House


  • April 2, 2019
    Introduced in Senate


  • April 2, 2019
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 116-2042: Electric CARS Act of 2019
  • HR 116-2025: To amend the Internal Revenue Code of 1986 to permanently extend the alternative fuel refueling property credit.
Alternative and renewable resourcesEnergy efficiency and conservationHybrid, electric, and advanced technology vehiclesIncome tax credits

Electric CARS Act of 2019

USA116th CongressS-993| Senate 
| Updated: 4/2/2019
Electric Credit Access Ready at Sale Act of 2019 or the Electric CARS Act of 2019 This bill modifies and extends several tax credits related to electric cars. The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2029. In addition, the bill modifies the credit to remove the limitation on the number of vehicles per manufacturer that are eligible for the credit, allow a taxpayer to assign the credit to a financing entity, and allow an unused credit to be carried forward for five years. The bill also extends through 2029 the tax credits for (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles.
View Full Text

Suggested Questions

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

Timeline
Apr 2, 2019

Latest Companion Bill Action

HR 116-2042
Introduced in House
Apr 2, 2019
Introduced in Senate
Apr 2, 2019
Read twice and referred to the Committee on Finance.
  • April 2, 2019

    Latest Companion Bill Action

    HR 116-2042
    Introduced in House


  • April 2, 2019
    Introduced in Senate


  • April 2, 2019
    Read twice and referred to the Committee on Finance.
Jeff Merkley

Jeff Merkley

Democratic Senator

Oregon

Cosponsors (10)
Dianne Feinstein (Democratic)Catherine Cortez Masto (Democratic)Edward J. Markey (Democratic)Kamala D. Harris (Democratic)Sheldon Whitehouse (Democratic)Jacky Rosen (Democratic)Martin Heinrich (Democratic)Tina Smith (Democratic)Bernard Sanders (Independent)Cory A. Booker (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 116-2042: Electric CARS Act of 2019
  • HR 116-2025: To amend the Internal Revenue Code of 1986 to permanently extend the alternative fuel refueling property credit.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Alternative and renewable resourcesEnergy efficiency and conservationHybrid, electric, and advanced technology vehiclesIncome tax credits