US HB7065 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on October 16 2018 - 25% progression, died in committee
Action: 2018-10-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 16 2018 - 25% progression, died in committee
Action: 2018-10-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles. This bill amends the Internal Revenue Code, with respect to the tax credit for new plug-in electric drive motor vehicles, to change the phase-out period for the credit to the period beginning with calendar year 2022. (Under current law, the credit phases out for a manufacturer's vehicles over the one-year period beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States after December 31, 2009.)
Title
To amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles.
Sponsors
Rep. Diane Black [R-TN] | Rep. George Holding [R-NC] | Rep. Mike Bishop [R-MI] |
History
Date | Chamber | Action |
---|---|---|
2018-10-16 | House | Referred to the House Committee on Ways and Means. |
2018-10-16 | House | Introduced in House |
Same As/Similar To
SB3582 (Related) 2018-10-11 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/house-bill/7065/all-info |
Text | https://www.congress.gov/115/bills/hr7065/BILLS-115hr7065ih.pdf |