HR 8134 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a 25-percent investment tax credit for battery-powered vehicles and to provide that the Federal excise tax on motor vehicles not apply with respect to battery-powered vehicles.

Introduced 1975-06-23· Sponsored by Rep. Yatron, Gus [D-PA-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-06-23)

Plain Language Summary

[AI summary unavailable — showing source text] Allows, under the Internal Revenue Code, an investment tax credit of 25 percent of the qualified investment in a battery-powered vehicle. Exempts battery-powered vehicles from the Federal excise tax on vehicles.…

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