[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1602 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                S. 1602

 To amend the Internal Revenue Code of 1986 to expand the technologies 
  through which a vehicle qualifies for the credit for new qualified 
                 plug-in electric drive motor vehicles.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 22, 2011

    Mr. Crapo (for himself, Ms. Cantwell, Mr. Risch, and Mr. Wyden) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to expand the technologies 
  through which a vehicle qualifies for the credit 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 ``Changing How America Reduces 
Greenhouse Emissions (CHARGE) Act''.

SEC. 2. CREDIT FOR NEW QUALIFIED PLUG-IN ELECTRIC DRIVE MOTOR VEHICLES 
              ALLOWED FOR VEHICLES WITH ALTERNATIVE ELECTRICAL ENERGY 
              STORAGE DEVICES.

    (a) Credit Allowed for New Technology.--
            (1) In general.--Subparagraph (F) of section 30D(d)(1) of 
        the Internal Revenue Code of 1986 is amended--
                    (A) by striking ``battery'' and inserting ``power 
                source'', and
                    (B) in clause (i), by inserting ``(or, in the case 
                of a power source which is not a battery, the 
                appropriate energy equivalent to such capacity, as 
                determined by the Secretary)'' after ``4 kilowatt 
                hours''.
            (2) Conforming amendment.--Subsection (d) of section 30D of 
        such Code is amended by redesignating paragraph (4) as 
        paragraph (5) and by inserting after paragraph (3) the 
        following new paragraph:
            ``(4) Power source.--The term `power source' includes a 
        battery or an alternative electrical energy storage device.''.
    (b) Amount of Credit.--
            (1) In general.--Paragraph (3) of section 30D(b) of the 
        Internal Revenue Code of 1986 is amended by inserting at the 
        end the following new sentence: ``In the case of any new 
        qualified plug-in electric drive motor vehicle which uses a 
        power source other than a battery, this first sentence of this 
        paragraph shall be applied by substituting the appropriate 
        energy equivalent measurement for the number of kilowatt 
        hours.''.
            (2) Conforming amendment.--The heading of paragraph (3) of 
        section 30D(b) of such Code is amended by striking ``Battery 
        capacity'' and inserting ``Capacity''.
    (c) Effective Date.--The amendments made by this section shall 
apply to property placed in service after the date of the enactment of 
this Act.
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