This bill permits the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure. The bill defines zero emissions vehicles as any light- or heavy-duty vehicles that conform to the regulatory zero-emission vehicles standard or vehicles that produce zero exhaust emissions of any criteria pollutant or greenhouse gas under the Clean Air Act.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
Air qualityClimate change and greenhouse gasesElectric power generation and transmissionHybrid, electric, and advanced technology vehiclesIncome tax exclusionPublic utilities and utility ratesSecurities
A bill to amend the Internal Revenue Code of 1986 to provide for the issuance of exempt facility bonds for zero-emission vehicle infrastructure.
USA117th CongressS-493| Senate
| Updated: 3/1/2021
This bill permits the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure. The bill defines zero emissions vehicles as any light- or heavy-duty vehicles that conform to the regulatory zero-emission vehicles standard or vehicles that produce zero exhaust emissions of any criteria pollutant or greenhouse gas under the Clean Air Act.
Air qualityClimate change and greenhouse gasesElectric power generation and transmissionHybrid, electric, and advanced technology vehiclesIncome tax exclusionPublic utilities and utility ratesSecurities