S 2537 · 117th Congress · Taxation

Affordable EVs for Working Families Act

Introduced 2021-07-29· Sponsored by Sen. Feinstein, Dianne [D-CA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5180)(2021-07-29)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (1)

1 Democrat