S.395: Electric CARS Act of 2021

About This Bill

Bill Version

Bill Summary

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...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.395.

Bill Actions

Date Description
Feb. 23, 2021
Read twice and referred to the Committee on Finance.
Feb. 23, 2021

Introduced in the Senate by Jeff Merkley (D-Ore.)

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