Electric CARS Act of 2021
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Electric Credit Access Ready at Sale Act of 2021 or the Electric CARS Act of 2021
This bill modifies and extends tax credits for electric cars and alternative motor vehicles.
The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2031. 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 2031 the tax credits for (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 1271: Electric CARS Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-1271/
"H.R. 1271: Electric CARS Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-1271/.
H.R. 1271, 117th Cong. (2026), https://openamerica.io/bill/117-HR-1271/.
[H.R. 1271: Electric CARS Act of 2021](https://openamerica.io/bill/117-HR-1271/)