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HR 7295 117th Congress House Taxation

Saving Americans from Vehicle Energy Costs Act

Introduced: March 30, 2022 Introduced by: Horsford, Steven Democratic · Nevada See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 30, 2022
Referred to the House Committee on Ways and Means.
Mar 30, 2022
Introduced in House
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 Plain-English summary Congressional Research Service

Saving Americans from Vehicle Energy Costs Act

This bill allows individual taxpayers a new refundable tax credit for owning or leasing a vehicle treated as a motor vehicle under the Clean Air Act and registered for highway use. The monthly amount of the credit is $300 times the number of such vehicles owned or leased by the taxpayer. Taxpayers whose adjusted gross income exceeds $200,000 ($400,000 in the case of a joint tax return) in any taxable year are not eligible for the credit.

The Department of the Treasury must establish a program for advance monthly payments of the credit.

What's happening now March 30, 2022

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 7295: Saving Americans from Vehicle Energy Costs Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7295/
MLA
"H.R. 7295: Saving Americans from Vehicle Energy Costs Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7295/.
Bluebook (legal)
H.R. 7295, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7295/.
Markdown link
[H.R. 7295: Saving Americans from Vehicle Energy Costs Act](https://openamerica.io/bill/117-HR-7295/)
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