Saving Americans from Vehicle Energy Costs Act

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 March 2022

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 30 March 2022

   Introduced

   Introduced in House

   Source: IntroReferral

3. 30 March 2022

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 30 March 2022 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 30 March 2022

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 30 March 2022

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 30 March 2022

  Open at official source

Sponsors

• Rep. Horsford, Steven [D-NV-4] · D · Sponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.