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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (3)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Electric CARS Act of 2019
Electric Credit Access Ready at Sale Act of 2019

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to extend certain tax credits related to electric cars, and for other purposes.


Actions Overview (1)

Date
04/02/2019Introduced in House

All Actions (2)

Date
04/02/2019Referred to the House Committee on Ways and Means.
Action By: House of Representatives
04/02/2019Introduced in House
Action By: House of Representatives

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Ways and Means04/02/2019 Referred to

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Subjects (5)


Latest Summary (1)

There is one summary for H.R.2042. View summaries

Shown Here:
Introduced in House (04/02/2019)

Electric Credit Access Ready at Sale Act of 2019 or the Electric CARS Act of 2019

This bill modifies and extends several tax credits related to electric cars.

The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2029. In addition, the bill modifies the credit to

  • remove the limitation on the number of vehicles per manufacturer that are eligible for the credit,
  • allow a taxpayer to assign the credit to a financing entity, and
  • allow an unused credit to be carried forward for five years.

The bill also extends through 2029 the tax credits for (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles.