3.0.0 5656 2025-01-14T15:42:09Z 2025-01-14T15:42:09Z House H HR 2023-09-21 118 <pre>[Congressional Record Volume 169, Number 153 (Thursday, September 21, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. PHILLIPS:H.R. 5656.Congress has the power to enact this legislation pursuantto the following:Under Article I, Section 8, Clause 18, Congress has thepower to make all Laws which shall be necessary and properfor carrying into Execution the foregoing Powers, and allother Powers vested by this Constitution in the Government ofthe United States, or in any Department or Officer thereof.The single subject of this legislation is:To expand the use of new, off-road plug-in electricvehicles by providing a tax credit for their purchase.[Page H4458]</pre> hswm00 Ways and Means Committee House Standing Referred To 2023-09-21T13:06:30Z 2023-09-21 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-09-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-09-21 Introduced in House IntroReferral 1000 9 Library of Congress P000616 Rep. Phillips, Dean [D-MN-3] Dean Phillips D MN 3 N Taxation Taxation 2023-10-03T19:15:17Z

00 2023-09-21 Introduced in House 2025-01-14T15:41:21Z <p><strong>Michael F. Donoughe Tax Credit for Off Road Electric Vehicles Act </strong></p><p>This bill expands the clean vehicle tax credit to include new qualified off-road plug-in electric vehicles. The amount of the tax credit allowed for a new qualified off-road plug-in electric vehicle is 10% of the cost of the vehicle or $2,500,&nbsp;whichever is lower.</p><p>The bill defines a <em>new qualified off-road plug-in electric vehicle</em> as any vehicle that</p><ul><li>is acquired new and for use by the taxpayer;</li><li>is made by a qualified manufacturer;</li><li>is powered by an electric motor that draws electricity from a battery with a capacity of at least six&nbsp; kilowatt hours;</li><li>has final assembly occurring in North America;</li><li>has a dry weight of less than 3,500 pounds;</li><li>has three or more wheels;</li><li>has one or more seats;</li><li>is manufactured primarily for off-road use;</li><li>is designed for use on rough terrain&nbsp;and, except in the case of a vehicle designed to operate on land and water, is not designed to operate on rails, in the air, or in or on the water; and</li><li>is capable of reaching a speed of 40 miles per hour.</li></ul><p>Under current law, a <em>qualified manufacturer</em> is any manufacturer that has a written agreement with the Internal Revenue Service and submits reports containing information about each eligible clean vehicle.</p><p>Finally, the bill allows the tax credit for a new qualified off-road plug-in electric vehicle to be transferred from the taxpayer to an eligible entity (e.g., vehicle dealer) in exchange for a financial benefit (e.g., rebate).</p>

Display Title 45 2024-07-24T15:20:20Z Short Title(s) as Introduced 101 2024-05-24T13:36:15Z Introduced in House IH Official Title as Introduced 6 2024-03-18T21:26:21Z Introduced in House IH Introduced in House 2023-09-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr5656ih/xml/BILLS-118hr5656ih.xml 2023-09-21 Referred to the House Committee on Ways and Means. 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.