A bill to amend the Internal Revenue Code of 1954 to allow a credit against income tax for the purchase of an electric vehicle or for converting a vehicle powered by an internal combustion engine to electric power.

referredUnited States· United States Congress· EN

Introduced

12 June 1979

Last action

—

Status

Referred to Senate Committee on Finance.

Summary

Amends the Internal Revenue Code to allow a nonrefundable income tax credit equal to ten percent of the cost of acquiring an electric automobile, or ten percent of the cost of converting an automobile powered by an internal combustion engine to the use of electrical power. Limits the dollar amount of such credit to $1,000.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Introduced in Senate
summary · EN · 12 June 1979
Open at official source

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/96th-congress/senate-bill/1320
Open data entity: https://api.congress.gov/v3/bill/96/s/1320