S. 493 · 117th Congress

A bill to amend the Internal Revenue Code of 1986 to provide for the issuance of exempt facility bonds for zero-emission vehicle infrastructure.

Stage
In committee
Introduced
2021-03-01
Latest action
2021-03-01 · Introduced in Senate

Summary

This bill permits the use of tax-exempt facility bonds to fund zero-emission vehicle infrastructure. The bill defines zero emissions vehicles as any light- or heavy-duty vehicles that conform to the regulatory zero-emission vehicles standard or vehicles that produce zero exhaust emissions of any criteria pollutant or greenhouse gas under the Clean Air Act.