3.0.0 494 2023-03-08T20:12:35Z 2023-03-08T20:12:35Z Senate S 2021-03-01 117 ssfi00 Finance Committee Senate Standing Referred to 2021-03-01T21:07:27Z Green Bus Tax Credit Act of 2021 117 583 HR 2021-01-28 Referred to the House Committee on Ways and Means. Related bill CRS GREEN Act of 2021 117 848 HR 2021-02-04 Referred to the Subcommittee on Health. Related bill CRS 2021-03-01 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-03-01 Introduced in Senate IntroReferral 10000 9 Library of Congress C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV N Taxation Alternative and renewable resources Energy efficiency and conservation Hybrid, electric, and advanced technology vehicles Income tax credits Motor carriers Public transit Taxation 00 2021-03-01 Introduced in Senate 2021-03-31T15:21:14Z 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 pounds, is not powered or charged by an internal combustion engine, is propelled solely by an electric motor that draws electricity from a battery or fuel cell, is designed to carry 15 or more passengers, and satisfies Buy America requirements.

]]> Green Bus Tax Credit Act of 2021 Display Title Green Bus Tax Credit Act of 2021 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide for a credit for zero-emission buses. Introduced in Senate IS Short Title(s) as Introduced Green Bus Tax Credit Act of 2021 Introduced in Senate IS Introduced in Senate 2021-03-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s494is/xml/BILLS-117s494is.xml 2021-03-01 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.