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S 1969 117th Congress Senate Taxation Hybrid, electric, and advanced technology vehicles Income tax credits

ELITE Vehicles Act

Introduced: June 8, 2021 Introduced by: Barrasso, John Republican · Wyoming See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 8, 2021
Read twice and referred to the Committee on Finance.
Jun 8, 2021
Introduced in Senate
 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 The credit is permanently repealed for taxable years beginning 1 year and 30 days after enactment.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

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1