Securing America's Clean Fuels Infrastructure Act

1/11/2023, 1:47 PM

Securing America's Clean Fuels Infrastructure

This bill extends the tax credit for alternative fuel vehicle refueling property through 2029. It also increases the allowable amount of such credit from $30,000 to $200,000 for any single item of refueling property.

Congress
117

Number
S - 975

Introduced on
2021-03-25

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/25/2021

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Securing America's Clean Fuels Infrastructure

This bill extends the tax credit for alternative fuel vehicle refueling property through 2029. It also increases the allowable amount of such credit from $30,000 to $200,000 for any single item of refueling property.

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to extend and modify the credit for alternative fuel vehicle refueling property.

Policy Areas
Taxation

Potential Impact
Alternative and renewable resources
Income tax credits
Motor fuels

Comments

Recent Activity

Latest Summary4/27/2021

Securing America's Clean Fuels Infrastructure

This bill extends the tax credit for alternative fuel vehicle refueling property through 2029. It also increases the allowable amount of such credit from $30,000 to $200,000 for any sing...


Latest Action3/25/2021
Read twice and referred to the Committee on Finance.