A bill to amend the Internal Revenue Code of 1954 to provide a 25-percent investment tax credit for battery-powered vehicles and to provide that the Federal excise tax on motor vehicles not apply with respect to battery-powered vehicles.

referredUnited States· United States Congress· EN

Introduced

23 June 1975

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Allows, under the Internal Revenue Code, an investment tax credit of 25 percent of the qualified investment in a battery-powered vehicle. Exempts battery-powered vehicles from the Federal excise tax on vehicles.

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Votes

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 23 June 1975
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/house-bill/8134
Open data entity: https://api.congress.gov/v3/bill/94/hr/8134