Electric CARS Act of 2018

Summary

Electric Credit Access Ready at Sale Act of 2018 or the Electric CARS Act of 2018 This bill amends the Internal Revenue Code to modify and extend several tax credits related to electric cars. The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2028. In addition, the bill modifies the credit to: (1) remove the limitation on the number of vehicles per manufacturer that are eligible for the credit, and (2) allow a taxpayer to assign the credit to a financing entity. The bill also extends through 2028 the tax credits for: (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles.

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Timeline

1. 28 June 2018

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 28 June 2018

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 June 2018

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 28 June 2018 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 June 2018

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 28 June 2018

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 28 June 2018

  Open at official source

Sponsors

• Sen. Welch, Peter [D-VT] · D · Sponsor
• Jared Huffman · D · Sponsor
• Sen. Rosen, Jacky [D-NV] · D · Sponsor
• Darren Soto · D · Cosponsor
• James McGovern · D · Cosponsor
• Colleen Hanabusa · D · Cosponsor
• Rep. Carson, André [D-IN-7] · D · Cosponsor
• Raúl Grijalva · D · Cosponsor
• Paul Tonko · D · Cosponsor
• Jared Polis · D · Cosponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Cosponsor
• Matt Cartwright · D · Cosponsor
• Zoe Lofgren · D · Cosponsor
• DAVID PRICE · D · Cosponsor
• Anna Eshoo · D · Cosponsor
• Rep. Khanna, Ro [D-CA-17] · D · Cosponsor
• Rep. Matsui, Doris O. [D-CA-7] · D · Cosponsor
• Rep. Raskin, Jamie [D-MD-8] · D · Cosponsor
• Rep. Wasserman Schultz, Debbie [D-FL-25] · D · Cosponsor
• Kathy Castor · D · Cosponsor
• · hswm00 · Standing

Related records

• related to ← Electric CARS Act of 2018