H.R. 500 · 112th Congress

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

Stage
In committee
Introduced
2011-01-26
Latest action
2011-01-26 · Introduced in House

Summary

Amends the Internal Revenue Code to increase from 200,000 to 500,000 the limit on the number of new qualified plug-in electric drive vehicles that may be manufactured for purposes of the phase-out of the tax credit for such vehicles.