S 1791 · 117th Congress · Taxation

FAST Electricity Act

Introduced 2021-05-24· Sponsored by Sen. Cantwell, Maria [D-WA]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2021-05-24)

Plain Language Summary

[AI summary unavailable — showing source text] Fueling America's Security and Transportation with Electricity Act of 2021 or the FAST Electricity Act This bill expands the tax credit for plug-in electric drive motor vehicles to include a 30% credit for additional electric transportation options capable of moving passengers, cargo, or property and powered by an integrated, on-board electric propulsion system. It also allows a credit for recharging and hydrogen refueling property and provides loan guarantees for transportation electrification domestic manufacturing facilities.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Sen. Stabenow, Debbie [D-MI]MI