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HR 583 117th Congress House Taxation Alternative and renewable resources Energy efficiency and conservation Hybrid, electric, and advanced technology vehicles Income tax credits Motor carriers Public transit

Green Bus Tax Credit Act of 2021

Introduced: January 28, 2021 Introduced by: Panetta, Jimmy Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 28, 2021
Referred to the House Committee on Ways and Means.
Jan 28, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Green Bus Tax Credit Act of 2021

This bill allows a manufacturer a zero-emission bus tax credit through 2026.

The credit is equal to 10% of the sales price of a zero-emission bus. The credit only applies to the first $1 million of a vehicle's sales price and to buses used primarily in the United States and its possessions.

The bill defines zero-emission bus as a motor vehicle that has a gross vehicle weight rating of not less than 14,000 pounds, is not powered or charged by an internal combustion engine, is propelled solely by an electric motor that draws electricity from a battery or fuel cell, and is designed to carry 15 or more passengers.

What's happening now January 28, 2021

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1