SENATE 493117th CongressRead twice and referred to the Committee on Finance.
A bill to amend the Internal Revenue Code of 1986 to provide for the issuance of exempt facility bonds for zero-emission vehicle infrastructure.
- Last Action
- 3/1/2021
Actions
- 2021-03-01Read twice and referred to the Committee on Finance.
- 2021-03-01Introduced in Senate
CRS Summary
As of 2021-03-01 (00)
This bill permits the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure. The bill defines zero emissions vehicles as any light- or heavy-duty vehicles that conform to the regulatory zero-emission vehicles standard or vehicles that produce zero exhaust emissions of any criteria pollutant or greenhouse gas under the Clean Air Act.
Cosponsors (2)
- Tina Smith (D-MN)
- Jacklyn Rosen (D-NV)
Subjects
- Air quality
- Climate change and greenhouse gases
- Electric power generation and transmission
- Hybrid, electric, and advanced technology vehicles
- Income tax exclusion
- Public utilities and utility rates
- Securities
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.