All Information (Except Text) for S.3582 - A bill to amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles.115th Congress (2017-2018)
|Sponsor:||Sen. Heller, Dean [R-NV] (Introduced 10/11/2018)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 10/11/2018 Read twice and referred to the Committee on Finance. (All Actions)|
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Actions Overview (1)
|10/11/2018||Introduced in Senate|
All Actions (1)
|10/11/2018||Read twice and referred to the Committee on Finance.|
Action By: Senate
|Committee / Subcommittee||Date||Activity||Related Documents|
|Senate Finance||10/11/2018||Referred to|
Subject — Policy Area:
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Latest Summary (1)
Introduced in Senate (10/11/2018)
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 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.)