Michael F. Donoughe Tax Credit for Off Road Electric Vehicles Act
Sponsored By: Representative Phillips, Dean [D-MN-3]
Unknown
Summary
Michael F. Donoughe Tax Credit for Off Road Electric Vehicles Act This bill allows a new tax credit for new off-road plug-in electric vehicles. The amount of the credit in a taxable year is the lesser of 10% of the cost of such vehicle, or $2,500. The bill defines a new qualified off-road plug-in electric vehicle to include any vehicle that has a capacity of not less than 6 kilowatt hours (currently, 7 kilowatt hours), has a dry weight of less that 3,500 pounds, has 3 or more wheels and 1 or more seats, is designed to be used primarily on rough terrain, and is capable of achieving a speed of 40 miles per hour.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Phillips, Dean [D-MN-3]
MN • D
Cosponsors
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 12/12/2022
Roll Call Votes
No roll call votes available for this bill.
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