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- S.494
S.494: Green Bus Tax Credit Act of 2021
About This Bill
- Introduced March 1, 2021
- Latest Major Action March 1, 2021
Bill Sponsor
Bill Version
- Introduced in Senate - March 1, 2021
Bill Summary
Green Bus Tax Credit Act of 2021 This bill allows a manufacturer a zero-emission bus tax credit through 2026. The credit is equal to 10% of the sales price of a zero-emission bus. The credit only applies to the first $1 million of a vehicle's sales price and to buses used primarily in the United States and its possessions. The bill defines zero-emission bus as a motor vehicle that has a gross vehicle weight rating of not less than 14,000...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 1, 2021 |
Read twice and referred to the Committee on Finance.
|
| March 1, 2021 |
Introduced in the Senate by Catherine Cortez Masto (D-Nev.) |