,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #afig  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #bf1 #bjae ,ms4  
,hahn introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to ext5d & modify ! tax  
cr$it = electric vehicle re*>g+ prop]ty4
  #a4 ,%ort title ,?is ,act may be cit$ 
z ! ,electric ,*>g+ ,& ,refuel+ ,act or 
z ! ,e-,c> ,act4  #b4 ,ext5sion &       
modification ( cr$it = electric c>      
re*>g+ prop]ty  7a7 ,9 g5]al ,section   
#cj;,c ( ! ,int]nal ,rev5ue ,code (     
#aihf is am5d$ to read z foll[s3        
#cj;,c4 ,electric vehicle *>g+ & refuel+
 prop]ty cr$it  7a7 ,cr$it all[$ ,!re   
%all be all[$ z a cr$it aga9/ ! tax     
impos$ by ?is *apt] = ! taxable ye> an  
am\nt equal to #ej p]c5t ( ! co/ ( any  
qualifi$ electric vehicle re*>g+ or     
refuel+ prop]ty plac$ 9 s]vice by !     
taxpay] dur+ ! taxable ye>4  7b7        
,limitation ,! cr$it all[$ "u subsection
 7a7 ) respect to all qualifi$ electric 

vehicle re*>g+ prop]ty plac$ 9 s]vice by
 ! taxpay] dur+ ! taxable ye> at a      
location %all n exce$--  7#a7 9 ! case (
 a prop]ty ( a "* subject to an all[ance
 = depreciation1 ! great] (-- 7,a7      
#ajj1jjj1 or  7,b7 #aj1jjj multipli$ by 
! numb] ( devices plac$ 9 s]vice at !   
location by ! taxpay] dur+ ! taxable    
ye>1 &  7#b7 #b1jjj 9 any o!r case4  7c7
 ,def9itions ,= purposes ( ?is section--
 7#a7 ,qualifi$ electric vehicle re*>g+ 
or refuel+ prop]ty ,! t]m qualifi$      
electric vehicle re*>g+ prop]ty means   
any prop]ty 7n includ+ a build+7 if--   
7,a7 su* prop]ty is-- 7i7 ( a "* subject
 to ! all[ance = depreciation1 or  7ii7 
in/all$ on prop]ty :i* is us$ z !       
pr9cipal resid5ce 7)9 ! mean+ ( section 
#aba7 ( ! taxpay]1  7,b7 ! orig9al use (
 su* prop]ty beg9s ) ! taxpay]1  7,c7   
su* prop]ty is = ! re*>g+ or refuel+ (  
motor vehicles propell$ by electricity1 
includ+ prop]ty provid+ electricity =   
plug-9 electric drive vehicles & prop]ty
 provid+ hydrog5 = fuel cell electric   

vehicles1 &  7,d7 su* prop]ty includes  
relat$ prop]ty provid+ electricity = su*
 re*>g+ or is o!rwise necess>y = su*    
re*>g+ or refuel+ prop]ty4  7#b7 ,device
 ,! t]m device means an individual item 
( prop]ty1 :e!r a /&-alone item or "p ( 
prop]ty t includes multiple devices1 :i*
 functions to re*>ge "o vehicle at a "t4
  7d7 ,application ) o!r cr$its  7#a7   
,bus9ess cr$it treat$ z "p ( g5]al      
bus9ess cr$it ,s mu* ( ! cr$it :i* w\ld 
be all[$ "u subsection 7a7 = any taxable
 ye> 7det]m9$ )\t reg>d to ?is          
subsection7 t is attributable to prop]ty
 ( a "* subject to an all[ance =        
depreciation %all be treat$ z a cr$it   
li/$ 9 section #ch7;b7 = su* taxable ye>
 7& n all[$ "u subsection 7a774  7#b7   
,p]sonal cr$it ,= purposes ( ?is title1 
! cr$it all[$ "u subsection 7a7 = any   
taxable ye> 7aft] ! application (       
p>agraph 7#a77-- 7,a7 %all be treat$ z a
 cr$it all[able "u subp>t ,a = su*      
taxable ye>1 &  7,b7 %all n exce$ !     
excess (-- 7i7 ! sum ( ! regul> tax     

liability 7z def9$ 9 section #bf7;b77   
plus ! tax impos$ by section #ee1 ov]   
7ii7 ! sum ( ! cr$its all[able "u subp>t
 ,a 7o!r ?an ?is section & sections     
#be;,d & #cj;,d7 & section #bg = !      
taxable ye>4  7e7 ,special rules ,=     
purposes ( ?is section--  7#a7 ,r$uction
 9 basis ,= purposes ( ?is subtitle1 !  
basis ( any prop]ty = :i* a cr$it is    
all[able "u subsection 7a7 %all be r$uc$
 by ! am\nt ( su* cr$it s all[$ 7det]m9$
 )\t reg>d to subsection 7d774  7#b7    
,prop]ty us$ by tax-exempt entity ,9 !  
case ( any qualifi$ electric vehicle    
re*>g+ prop]ty ! use ( :i* is describ$ 9
 p>agraph 7#c7 or 7#d7 ( section #ej7;b7
 7includ+ use by an ,indian tribal      
gov]nm5t7 & :i* is n subject to a lease1
 ! p]son :o sold su* prop]ty to ! p]son 
or entity us+ su* prop]ty %all be treat$
 z ! taxpay] t plac$ su* prop]ty 9      
s]vice1 b only if su* p]son cle>ly      
discloses to su* p]son or entity 9 a    
docum5t ! am\nt ( any cr$it all[able "u 
subsection 7a7 ) respect to su* prop]ty 

7det]m9$ )\t reg>d to subsection 7d774  
7#c7 ,prop]ty us$ outside ,unit$ ,/ates 
n qualifi$ ,no cr$it %all be all[able "u
 subsection 7a7 ) respect to any prop]ty
 ref]r$ to 9 section #ej7;b77#a7 or )   
respect to ! portion ( ! co/ ( any      
prop]ty tak5 into acc\nt "u section     
#agi4  7#d7 ,election n to take cr$it   
,no cr$it %all be all[$ "u subsection   
7a7 = any prop]ty if ! taxpay] elects n 
to h ?is section apply to su* prop]ty4  
7#e7 ,recapture rules ,rules simil> to !
 rules ( section #agi;,a7e77#d7 %all    
apply4  7#f7 ,jo9t own]%ip ( qualifi$   
electric vehicle re*>g+ prop]ty  7,a7 ,9
 g5]al ,any qualifi$ electric vehicle   
re*>g+ prop]ty %all n fail to be treat$ 
z su* prop]ty solely because su* prop]ty
 is plac$ 9 s]vice ) respect to #b or m 
dwell+ units4  7,b7 ,limits appli$      
sep>ately ,9 ! case ( any qualifi$      
electric vehicle re*>g+ prop]ty :i* is  
plac$ 9 s]vice ) respect to #b or m     
dwell+ units1 ?is section 7o!r ?an ?is  
subp>agraph7 %all be appli$ sep>ately ) 

respect to ! portion ( su* prop]ty      
attributable to ea* su* dwell+ unit4  4 
7b7 ,con=m+ am5dm5t ,clause 7ii7 (      
section #cj;,d7c77#b77;,b7 ( su* ,code  
is am5d$ by /rik+ section #be;,d &      
ins]t+ sections #be;,d & #cj;,c4  7c7   
,effective date  7#a7 ,9 g5]al ,except z
 provid$ 9 p>agraph 7#b71 ! am5dm5ts    
made by ?is section %all apply to       
prop]ty plac$ 9 s]vice aft] ,decemb]    
#ca1 #bjac4  7#b7 ,hydrog5 refuel+      
prop]ty ,! am5dm5ts made by ?is         
subsection %all apply to hydrog5 prop]ty
 plac$ 9 s]vice aft] ,decemb] #ca1      
#bjad4