House Bill 583
117th Congress(2021-2022)
Green Bus Tax Credit Act of 2021
Introduced
Introduced in House on Jan 28, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
583
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Green Bus Tax Credit Act of 2021
This bill allows a manufacturer a zero-emission bus tax credit through 2026.
The credit is equal to 10% of the sales price of a zero-emission bus. The credit only applies to the first $1 million of a vehicle's sales price and to buses used primarily in the United States and its possessions.
The bill defines zero-emission bus as a motor vehicle that has a gross vehicle weight rating of not less than 14,000 pounds, is not powered or charged by an internal combustion engine, is propelled solely by an electric motor that draws electricity from a battery or fuel cell, and is designed to carry 15 or more passengers.
January 28, 2021
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01/28/2021
Referred to the House Committee on Ways and Means.
01/28/2021
Introduced in House
Public Record
Record Updated
Mar 8, 2023 8:12:35 PM