ATVM Future Act
- Last Action
- 4/2/2021
Actions
- 2021-04-02Referred to the Subcommittee on Energy.
- 2021-04-01Referred to the House Committee on Energy and Commerce.
- 2021-04-01Introduced in House
- 2021-04-01Introduced in House
CRS Summary
As of 2021-04-01 (00)
Advanced Technology Vehicles Manufacturing Future Act of 2021 or the ATVM Future Act
This bill reauthorizes through FY2031 and revises the Advanced Technology Vehicles Manufacturing Loan Program within the Department of Energy (DOE). Under the existing program, DOE provides financial support for the production of advanced technology vehicles.
The bill expands the program to include financial support for (1) medium-duty passenger vehicles and heavy-duty vehicles that meet specified emission standards or emit zero-emissions; and (2) components, such as batteries, of ultra-efficient vehicles.
The bill also revises the emission standards that light-duty vehicles must meet to be eligible for assistance under the program.
In addition, the bill revises requirements governing the evaluation of a loan applicant's prospects of repaying a loan under the program.
Cosponsors (3)
- Julia Brownley (D-CA)
- Ann Kuster (D-NH)
- Doris Matsui (D-CA)
Subjects
- Advanced technology and technological innovations
- Air quality
- Climate change and greenhouse gases
- Electric power generation and transmission
- Hybrid, electric, and advanced technology vehicles
Sourced from Congress.gov (public domain).
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