Senate Bill 2537
117th Congress(2021-2022)
Affordable EVs for Working Families Act
Introduced
Introduced in Senate on Jul 29, 2021
Origin Chamber
Senate
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
2537
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 Senate votes have been held for this bill.
Summary
Affordable EVs for Working Families Act
This bill allows an income-based tax credit for the purchase of a previously-owned qualified plug-in electric drive motor vehicle. The credit is limited to 30% of the sales price of such a vehicle. The bill defines previously-owned qualified plug-in electric drive motor vehicle to mean a motor vehicle the model year of which is at least two years earlier than the calendar year in which the vehicle is acquired and that meets certain requirements under the Clean Air Act.
July 29, 2021
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07/29/2021
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5180)
07/29/2021
Introduced in Senate
Public Record
Record Updated
Jan 1, 2023 11:42:27 PM