Legis Daily

Electric CARS Act of 2021

USA117th CongressHR-1271| House 
| Updated: 2/23/2021
Peter Welch

Peter Welch

Democratic Representative

Vermont

Cosponsors (20)
Jared Huffman (Democratic)Raúl M. Grijalva (Democratic)James R. Langevin (Democratic)Emanuel Cleaver (Democratic)Mondaire Jones (Democratic)Paul Tonko (Democratic)Ro Khanna (Democratic)André Carson (Democratic)Matt Cartwright (Democratic)Doris O. Matsui (Democratic)Jahana Hayes (Democratic)Pramila Jayapal (Democratic)Mary Gay Scanlon (Democratic)Salud O. Carbajal (Democratic)Mike Quigley (Democratic)Sean Casten (Democratic)Alcee L. Hastings (Democratic)Debbie Wasserman Schultz (Democratic)Gerald E. Connolly (Democratic)Chellie Pingree (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Electric Credit Access Ready at Sale Act of 2021 or the Electric CARS Act of 2021 This bill modifies and extends tax credits for electric cars and alternative motor vehicles. The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2031. 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 2031 the tax credits for (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles.
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Timeline

Bill from Previous Congress

HR 116-2042
Electric CARS Act of 2019
Feb 23, 2021

Latest Companion Bill Action

S 117-395
Introduced in Senate
Feb 23, 2021
Introduced in House
Feb 23, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-2042
    Electric CARS Act of 2019


  • February 23, 2021

    Latest Companion Bill Action

    S 117-395
    Introduced in Senate


  • February 23, 2021
    Introduced in House


  • February 23, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • S 117-395: Electric CARS Act of 2021
Alternative and renewable resourcesEnergy efficiency and conservationHybrid, electric, and advanced technology vehiclesIncome tax credits

Electric CARS Act of 2021

USA117th CongressHR-1271| House 
| Updated: 2/23/2021
Electric Credit Access Ready at Sale Act of 2021 or the Electric CARS Act of 2021 This bill modifies and extends tax credits for electric cars and alternative motor vehicles. The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2031. 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 2031 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

Bill from Previous Congress

HR 116-2042
Electric CARS Act of 2019
Feb 23, 2021

Latest Companion Bill Action

S 117-395
Introduced in Senate
Feb 23, 2021
Introduced in House
Feb 23, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-2042
    Electric CARS Act of 2019


  • February 23, 2021

    Latest Companion Bill Action

    S 117-395
    Introduced in Senate


  • February 23, 2021
    Introduced in House


  • February 23, 2021
    Referred to the House Committee on Ways and Means.
Peter Welch

Peter Welch

Democratic Representative

Vermont

Cosponsors (20)
Jared Huffman (Democratic)Raúl M. Grijalva (Democratic)James R. Langevin (Democratic)Emanuel Cleaver (Democratic)Mondaire Jones (Democratic)Paul Tonko (Democratic)Ro Khanna (Democratic)André Carson (Democratic)Matt Cartwright (Democratic)Doris O. Matsui (Democratic)Jahana Hayes (Democratic)Pramila Jayapal (Democratic)Mary Gay Scanlon (Democratic)Salud O. Carbajal (Democratic)Mike Quigley (Democratic)Sean Casten (Democratic)Alcee L. Hastings (Democratic)Debbie Wasserman Schultz (Democratic)Gerald E. Connolly (Democratic)Chellie Pingree (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • S 117-395: Electric CARS Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Alternative and renewable resourcesEnergy efficiency and conservationHybrid, electric, and advanced technology vehiclesIncome tax credits