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HR 3796 117th Congress House Taxation Hybrid, electric, and advanced technology vehicles Income tax credits

ELITE Vehicles Act

Introduced: June 8, 2021 Introduced by: Smith, Jason Republican · Missouri See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 8, 2021
Referred to the House Committee on Ways and Means.
Jun 8, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Eliminate Lavish Incentives To Electric Vehicles Act or the ELITE Vehicles Act

This bill terminates the tax credit for new qualified plug-in electric drive motor vehicles 30 days after this bill's enactment date. The credit is permanently repealed for taxable years beginning 1 year and 30 days after enactment.

What's happening now June 8, 2021

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1