[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6323 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 6323

   To amend the Internal Revenue Code of 1986 to increase the credit 
  limitation for new qualified plug-in electric drive motor vehicles.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             August 2, 2012

   Ms. Hahn introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to increase the credit 
  limitation for new qualified plug-in electric drive motor vehicles.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Electric Vehicle Purchasing Credit 
Expansion Act of 2012''.

SEC. 2. INCREASE IN CREDIT LIMITATION FOR NEW QUALIFIED PLUG-IN 
              ELECTRIC DRIVE MOTOR VEHICLES.

    (a) Base Amount of Per Vehicle Limitation.--Paragraph (2) of 
section 30D(b) of the Internal Revenue Code of 1986 is amended by 
striking ``$2,500'' and inserting ``$3,750''.
    (b) Battery Capacity Limitation.--Paragraph (3) of section 30D(b) 
of such Code is amended by striking ``$5,000'' and inserting 
``$6,250''.
    (c) Effective Date.--The amendments made by this section shall 
apply to vehicles placed in service after the date of the enactment of 
this Act.
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