S. 395 · 117th Congress
Electric CARS Act of 2021
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MerkleySponsor9 cosponsors · 8 D, 1 I
D
Booker
PL
D
Leahy
JR
D
Rosen
BS
I
Sanders
BS
D
Schatz
TS
D
Smith
EW
D
Warren
DF
D
Feinstein
SW
D
Whitehouse5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Electric Credit Access Ready at Sale Act of 2021 or the Electric CARS Act of 2021
What it does: CRS summary · Introduced in Senate · Feb 23, 2021
Electric Credit Access Ready at Sale Act of 2021 or the Electric CARS Act of 2021
This bill modifies and extends tax credits for electric cars and alternative motor vehicles.
The bill extends the tax credit for new qualified plug-in electric drive motor vehicles through 2031. In addition, the bill modifies the credit to
- remove the limitation on the number of vehicles per manufacturer that are eligible for the credit,
- allow a taxpayer to assign the credit to a financing entity, and
- allow an unused credit to be carried forward for five years.
The bill also extends through 2031 the tax credits for (1) alternative fuel vehicle refueling property, and (2) alternative motor vehicles.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Electric CARS Act of 2021
Also known as: Electric Credit Access Ready at Sale Act of 2021
Latest action (Feb 23, 2021): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Feb 23, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.