Summary: H.R.2256 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.2256. Bill summaries are authored by CRS.

Shown Here:
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.)