H.R. 6323 · 112th Congress

Electric Vehicle Purchasing Credit Expansion Act of 2012

Stage
In committee
Introduced
2012-08-02
Latest action
2012-08-03 · Sponsor introductory remarks on measure.

Summary

Electric Vehicle Purchasing Credit Expansion Act of 2012 - Amends the Internal Revenue Code, with respect to the tax credit for the purchase of new plug-in electric drive motor vehicles, to increase: (1) the per vehicle dollar limitation from $2,500 to $3,750, and (2) the limitation based on battery capacity from $5,000 to $6,250.