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Securing America's Clean Fuels Infrastructure Act
1/11/2023, 1:47 PM
Congressional Summary of S 975
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.
Read the Full Bill
Current Status of Bill S 975
Bill S 975 is currently in the status of Bill Introduced since March 25, 2021. Bill S 975 was introduced during Congress 117 and was introduced to the Senate on March 25, 2021. Bill S 975's most recent activity was Read twice and referred to the Committee on Finance. as of March 25, 2021
Bipartisan Support of Bill S 975
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
2Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 975
Primary Policy Focus
TaxationPotential Impact Areas
- Alternative and renewable resources
- Income tax credits
- Motor fuels
Alternate Title(s) of Bill S 975
Securing America's Clean Fuels Infrastructure Act
A bill to amend the Internal Revenue Code of 1986 to extend and modify the credit for alternative fuel vehicle refueling property.
Securing America's Clean Fuels Infrastructure Act
Comments
Sponsors and Cosponsors of S 975
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