H.R.2256 - Driving America Forward Act116th Congress (2019-2020) |
|Sponsor:||Rep. Kildee, Daniel T. [D-MI-5] (Introduced 04/10/2019)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 04/10/2019 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.2256 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (04/10/2019)
Driving America Forward Act
This bill expands the tax credit for new plug-in electric drive motor vehicles and extends the tax credit for new fuel cell motor vehicles.
(Under current law, taxpayers who purchase a qualified plug-in electric drive motor vehicle are eligible for a tax credit of up to $7,500, which begins to phase out once a manufacturer sells 200,000 qualified vehicles.) The bill allows an additional 400,000 vehicles per manufacturer to be eligible for a credit of up to $7,000 before the credit begins to phase out.
The bill also extends the tax credit for fuel cell motor vehicles through 2028. (Under current law, the credit expired after 2017.)